1. 2015年华文独中商业学教学培训班
消费税
蔡兆源

2. GST JOURNEY

3. 推行日期
When ?
1 April, 2015
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4. GST Laws
19 June 2014
1 July 2014

5. GST Laws
30 June 2014

6. 13 Oct 2014

7. 13 Oct 2014

8. 为什么要实行？
Why GST ?
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9. 为什么消费税 Why GST? Effective有效能 Efficient 有效率 Transparent 透明化
Replace Sales Tax and Service Tax
Self policing
In-built cross checking mechanism
Efficient 有效率
Less bureaucracy –no more CJ5
Transparent 透明化
GST shown on the invoice / bill
Stable revenue 稳定收入
Reduce reliance on petroleum & direct tax
RM3.8 billion (2015) RM9.0 billion (2016)

10. 什么是消费税？
What is GST ?
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11. 征税范围
Scope of charge
1. Goods & services supplied in Malaysia 在大马提供货品与服务
2. Importation of goods into Malaysia 进口货品 11

12. 在大马使用 Consumed in Malaysia
Export 出口
Refund of GST
Tourist refund 旅客退款

13. 4种供应 4 types of supplies 标准税率供应 Standard-rated --- GST @ 6%
零税率供应 Zero-rated %
豁免供应 Exempt supplies No GST
征税范围外的供应 Out-of-scope - No GST
Taxable supplies
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14. 消费税的机制 How does GST work ?
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15. 标准税率供应Standard rated supply
Sales price
GST 6%
Total sales price
GST collected
paid & claimed
GST remitted to Govt
Wood supplier 木板供应商
100 6
106
Furniture家私制Manufacturer造商
500 30
530
(6) 24
Furniture 家私批Wholesaler发商
800 48
848
(30) 18
Furniture Retailer家私零售商
1,000 60
1,060
(48) 12
Price /GST payable by consumer 1,060
销项税
Output tax
进项税
Input tax
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16. 消费税模式 GST Model Goods 标准税率供应 Standard-rated --- GST @ 6%
GST on inputs = Input tax
GST on outputs = Output tax
Raw materials
Goods
Factory
Office rental electricity, water, telephone
Purchase of factory, plant & machinery
Charge Output tax
Claim input tax

17. 以税务发票为准 Invoice based “Accrual basis” Payment is not relevent
Goods sold or not irrelevant
No matching requirement
Transaction based vs profit
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18. 消费税模式 GST Model Goods 零税率供应 Zero-rated -- GST =0%
GST on inputs = Input tax
No GST on outputs
Raw materials
Goods
Factory
Office rental electricity, water, telephone
Purchase of factory, plant & machinery
No output tax
Claim input tax

19. 零税率供应 Zero- rated supplies
Basic food – rice, flour, sugar, salt, cooking oil
Agriculture products –paddy, vegetables etc
Poultry –chicken, duck, & unprocessed meat
Fish, shrimps, prawns, crab, cockles, squid
Livestock – cow, goat, buffaloes, goat, sheep, swine etc.
Supply of water to domestic users
Supply of first 300 units of electricity to domestic users 19
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20. 零税率供应 Zero- rated supplies
All local or imported fruits
Yellow mee, kuey toew, laksa and meehun
Coffee powder, tea dust and cocoa powder
White bread and wholemeal bread
2,900 types of medicine
Reading materials
Newspapers
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22. Zero-rated goods 22

23. Zero-rated goods 23

24. Zero-rated goods 24

25. Zero-rated goods 25

26. Zero-rated goods 26

27. 零税率供应 Zero- rated supplies
Exported goods & services and international services
International transportation and ancillary services
Port and airport services
Services supplied from PCA to Designated Area
Telecommunication services (roaming)
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28. 消费税模式 GST Model Goods 豁免供应 Exempt supplies ---- No GST
GST on inputs = Input tax
No GST on outputs
Raw materials
Goods
Factory
Office rental electricity, water, telephone
Purchase of factory, plant & machinery
No output tax
Cannot claim input tax

29. 豁免供应 Exempt supplies Rail transportation Bus Tax/ hire car
Public transportation
Toll highway
Land for agriculture & general use
Residential property
Private education
Private healthcare
Financial service 29
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30. Out-of-scope 征税范围外的供应
Federal, state, local government
Regulatory and enforcement
- assessment, licence, summon
RTM, rental of hall
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31. Why ?
Standard rated
Zero rated
Exempt

33. Relief from GST No Persons Goods 11
Any person entering Malaysia other than designated areas
Wine, spirit beer or malt liquor not exceeding 1 liter in all
Tobacco not exceeding 225 grams (equivalent to 200 cigarettes)
Wearing apparels not exceeding 3 pieces
Footwear not exceeding one pair

34. Relief from GST No Persons Goods 11
Any person entering Malaysia other than designated areas
Food preparation to a total value not exceeding RM75.00
Portable electrically or battery operated appliances for personal care and hygiene not exceeding 1 unit each
All other goods (including souvenirs and gift) other than a) and b) of this column to a total value not exceeding RM400.00

35. Relief from GST No Persons Goods 11
Any person entering Malaysia other than designated areas
In respect of goods from Langkawi, Labuan or Tioman, all other goods (including souvenirs and gifts) other than a) and b) of this column to a total value not exceeding RM500.00 12
Any person entering Malaysia
Used portable articles
other than household
Effects for private use

36. Relief from GST No Persons Goods 13 Any person Goods from principal
customs area sent to
designated area for repair
or reprocessing and
subsequently returned to
principal customs area 14
Any person importing goods using air courier services
All goods (≤RM500) excluding cigarette, tobacco and intoxicating liquor

37. 你该如何准备？ What do you need to prepare ?
-消费者 Consumer 37
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38. Average monthly spending (RM) Current Sales & Service Tax
消费税之前的状况
Scenario before GST
Income group
Average monthly spending (RM)
Current Sales & Service Tax
Tax burden （%）
Tax amount（RM）
Poor
570
2.38
13.57
Low income
1,856
2.75
51.04
Mid income
3,767
2.94
110.75
High income
7,211
3.13
225.70
Average
2,041
2.88
58.78
Source : Sin Chew

39. CONSUMPTION PATTERN OF MALAYSIANS
Source:
Household Expenditure Survey
Department of Statistics

40. COMPARISON OF TAX INCIDENCE
Type of expenses
RM 2,000
RM 12,000
Monthly Expenditure
Tax Incidence
(RM)
Expenses on zero-rate items
722.42 -
1,820.22
Expenses on exempted items
707.40
12.73
2,155.08
27.59
Expenses subject to GST
570.18
34.21
5,024.70
301.48
Total
2,000.00
46.94
9,000.00
329.07
% tax incidence based on consumption
2.35%
3.66%

41. 消费税配套 GST package Consumers
Basic food items, piped water, first 300 unit of electricity, government services, transportation services, residential property, financial services
One-off cash assistance RM300 to BRIM recipients
Reduction in individual tax rate : 1 -3 % YA2015

42. 短期通膨 Short term Inflation !!!
1.5% 7
[1.2.1]
Source : MOF 42

43. Basket of Goods of CPI Items Proportion Increase/ Decrease 532 56%
≤4.1%*
354
38%
<5.8% 58 6% ??
944
100%
*Medicines, electrical appliances, textile products, plastic products, shoes, household furniture, baby diapers, soap, meat, chicken eggs, cooking oil, seafood, rice & vegetables

44. 精明消费、货比三家 Spending smart, Compare price7 44

45. 善用购物指南 Make use of shoppers’ guide
325 essential goods 7
Price Control & Anti-Profiteering Act 45

46. 比较预算 Compare budget Pre-GST vs Post-GST
Expenses
Pre-GST
Post-GST
Difference
Rice
Petrol
Toll
Water
Electricity
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47. 买零税率供应 Buy zero-rated goods
Standard rated goods
Zero rated goods 47

48. 你该如何准备？ What do you need to prepare ?
-生意 Business 48
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49. 注册 Registration for GST 标准税率供应 Standard-rated --- GST @ 6%
零税率供应 Zero-rated %
Annual Turnover >RM500,000
Voluntary Registration -- to claim input tax
Taxable supplies
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50.
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51. 集团注册 Group registration
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52. To review existing business and corporate structure
检讨生意与企业架构
To review existing business and corporate structure 52
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53. Penalty on failure to register
不注册的罚款
Penalty on failure to register
Penalty
Fine RM50,000
Imprisonment for 3 years 53
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54. Penalty on late registration 迟注册的罚款
Late registration period (Days)
Penalty rate
1 – 30 days
1,500
31 – 60 days
3,000
61 – 90 days
4,500
91 – 120 days
6,000
121 – 150 days
7,500
151 – 180 days
9,000
181 – 210 days
10,500
days
12,000
241 – 270 days
13,500
271 – 300 days
15,000
301 – 330 days
16,500
331 – 360 days
18,000
Exceeding 360 days
20,000

55. 犯法 Offences Section 89 –Evasion of tax and fraud
- Also include person who assist
On conviction
1st Offence
Fine
10 – 20 times the amount of tax
Or / And
Jail
≤ 5 years
2nd Offence and onwards
20 – 40 times the amount of tax
≤ 7 years
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56. Filing & payment deadline
征税期、报税、缴税
Taxable period, file & pay
Annual turnover
Taxable period
Filing & payment deadline
≥RM5 million
1 month
End of
next
Month
<RM5 million
3 months
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58. 报税 Filing of GST return www.gst.customs.gov.my 58
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59. 报税 Filing of GST return GST Return Form : GST -03
Electronic filing is encouraged
Self assessment regime
Post-audit : preparation 59
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60. 完整税务发票 Full Tax Invoice
Tax invoice serial number
Supplier’s name, address & GST identification number
Date of Tax invoice
TAX INVOICE
The word ‘Tax Invoice’ clearly indicated
Total amount payable, excluding GST
Customer’s name & address
Total amount of GST Charged
Quantity of goods or extent of the services supplied
Rate of GST
Total amount payable, inclusive of GST

61. The name, address & GST identification number of the supplier
The words “Credit Note” clearly indicated
CREDIT NOTE
The serial number & date of issue
The name & address of the person to whom the goods or services are supplied
The number & date of the original tax invoice
The quantity & amount for each supply
Description of the goods or services
The total amount excluding tax
The reason for its issue
The rate & amount of tax

62. 保存记录 Record Keeping Records relating to registration
SSM records – Form A, B, C, 8, 9 and etc.
Records relating business activities
Tax invoices, invoices, receipts
Debit note, credit note
Delivery order, purchase order
Bank slip, bank statement, voucher and etc.
Contract, agreement 62
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63. 保存记录 Record Keeping Records relating to accounting (hard copy)
Financial statement – Profit & Loss, Balance Sheet, Trial Balance
Account payable, Account receivable, General ledger, Sales, Purchase, stock, cash and etc.
Records relating to taxation
Customs forms – K1, K2, K9 and etc.
GST – GST returns, registration and etc.
GST adjustment sheet
Income tax declaration 63
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64. 保存记录 Record Keeping Records relating to electronic form
Accounting software manual
Accounts chart, access code, program documentation
Audit trail
Purchase, Sales, GL Listing (e.g. standard, exempt, disregard, out of scope, deemed supply etc.)
GAF File (GST Audit File)
Management Information Report (MIS) report
Other data, records keep in accounting / business software 64
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65. 进行影响研究 Conduct impact study
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66. 善用特别便利奖励Leverage on Special Scheme Incentives
Approved trade scheme
Approved Toll Manufacturer Scheme
Warehousing Scheme
Approved Jeweller Scheme
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67. 市场行销与促销 Marketing & Promotion67
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68. 员工福利 Employee Benefits68
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69. 过渡期条款 Transitional Provisions
Sales tax
Service tax
Contract spanning GST
Stock in hand
Sales & Service Tax
GST
1/4/2015 69
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70. To review trade agreement
检讨生意合约
To review trade agreement 70
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71. 特别退款 Special Refund
100% vs 20%

72. Upgrade of computer and accounting software
提升会计与电脑系统
Upgrade of computer and accounting software
POS system
e-Filing of GST return
Accounting software 72
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73. Provide training for staff
提升员工训练
Provide training for staff 73
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74. 出席消费税课程 Attend GST seminar 74
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75. 消费税配套GST package Businesses
Double deduction for training expenses for ICT & accounting (YA )
ACA for ICT equipment & software up to YA 2016
SME tax rate 19% & 24% YA2016
GST training grant RM100 million
Purchase of accounting software –RM150 million

77. 全方位税务规划
Overall Tax Planning
Corporate tax
Personal tax
GST

78. tia.guan.chua @greatvision.com.my
Goods & Services Tax :
Thank you
PA : Carol
Tel :