GST Chat


GST Chat: April 2018

GST Chat is Deloitte Malaysia's newsletter on Indirect Tax developments in GST and Customs. Get some of our insights on what we see as pressing issues for businesses in the world of Indirect Tax.

In our April 2018 issue, we cover:
  1. GST filing – Bi-monthly (two-month) taxable period
  2. Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
  3. GST Technical Committee Meeting updates

Download the newsletter by clicking the download button on the right.

GST Chat: April 2018
Indirect Tax Special Alert
Deloitte keeps you up to date with Malaysian indirect tax developments in GST and Customs in our Series of Special Alerts.
Download the newsletter by clicking the download button on the right.
Download the newsletters here:

Indirect Tax & Customs Alert


Thought leadership

Media interview

Sin Chew Daily – Will artificial intelligence (AI) replace accountants?

16 March 2018

Experts predict that artificial intelligence (AI) will replace accountants in the future. Is the future of accountants in jeopardy? As a 20-year veteran in the industry, Yee Wing Peng, Deloitte Malaysia Country Tax Leader provides insights and views on the onslaught of AI in the accounting industry. He also offers advice to young accountants on what to expect from the industry.

Click here to read the Chinese language interview.

China Press – The Malaysian government is likely to impose tax on the online economy this year

21 March 2018

According to experts, the Malaysian government is eager to introduce a new regulation or amend tax laws to tax the online economy. There is always a grey area for the taxation mechanism in this fast-growing and emerging industry, according to Yee Wing Peng, Deloitte Malaysia Country Tax Leader. He also mentioned that the government, which has been maintaining a ‘wait and see’ attitude, is expected to bring back the plan of imposing a withholding tax.

Click here to read the Chinese language interview.

The Edge - No change to zero-rated supply list

13 April 2018

Director General of Customs Datuk Seri Subromaniam Tholasy has given his assurance that there are no plans to review the Goods and Services Tax (GST) zero-rated supply list at present. Any change to the list would have to be handled carefully to avoid disruption to businesses, he adds. Senthuran Elalingam, Deloitte Malaysia's financial services indirect tax leader for Asia-Pacific, says a business would need to assess on a transaction-by-transaction basis whether a particular sale or purchase falls within one of the zero-rated, exempted or relief supply categories to determine the applicable GST rate.

Click here to read the full interview.

The Edge Financial Daily - Tax relief granted to mega public projects since 1980s

20 April 2018

Various tax reliefs have been commonly accorded to mega public infrastructure developments as a government incentive since the 1980s, the Royal Malaysian Customs Department asserted yesterday, following the brouhaha over the granting of goods and services tax (GST) relief for the procurement of materials and services related to the RM55 billion East Coast Rail Link (ECRL) project. When asked for his opinion, Deloitte Malaysia GST leader Tan Eng Yew said GST can result in a significant cash flow cost to a business as there is a time difference between when the GST is paid and when the benefit of the offsetting credit is received as a refund. “To alleviate these cash flow costs on such projects, the government may grant special GST relief on a ‘case by case’ basis based on the guidelines set out by the MOF,” he told The Edge Financial Daily in an email.

Click here to read the full interview.

Upcoming events

Deloitte International Tax Symposium 2018

3 May 2018

The anti-Base Erosion and Profit Shifting (“BEPS”) measures introduced by the Organisation for Economic Co-operation and Development (“OECD”) constitute the most significant international tax reform in recent years.

Recently, Malaysia has signed the Multilateral Convention (“MLI”) to implement tax treaty-related measures to prevent BEPS. Given this, it is vital for CFOs and in-house tax specialists to fully understand the impact of the anti-BEPS measures and MLI on their groups’ operations, financing and holding structures as well as the transfer pricing position.

Join us for an intensive one-day symposium that is designed to provide you with an understanding on the key anti-BEPS measures and transfer pricing issues so that you are prepared to navigate through the changing landscape of international tax.

Click here to learn more about our upcoming event.

GST Academy - A series of practical and informative workshops

May - November 2018

Since its implementation 3 years ago, the Malaysia GST regime has developed and evolved significantly. Without a good understanding of the current Malaysian GST rules and Customs guidance, businesses may inadvertently be over-claiming input tax credits, under-declaring output tax, or not complying with the requirements of the laws and thereby increasing the risk of penalties.

So, join us for a series of practical and informative half-day workshops specifically designed by our Indirect Tax team to cover the key aspects of GST and guide you through the changing landscape of GST as well as equip you with the needed knowledge when it comes to complying with the authorities.

Click here to learn more about our upcoming workshops.

Past events

  1. GST Workshop: A year in review (28 March 2018)
  2. GST Academy Workshop – Module 1: GST fundamentals, basics of GST (18 April 2018)

Visit this page to view details about each past event.

Did you find this useful?