Past GST event
GST Essentials Training Workshop (KL)
19 June 2017
Keeping up with the developments of the laws, practices and Customs requirements is critical to ensure GST compliance, as positions taken in the past may no longer be correct or valid. Moreover, without a clear understanding of the current Malaysian GST framework and Customs practices, businesses may result in 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.
With these issues in mind, our GST Team developed a one-day training workshop on 19 June 2017 to allow companies to better understand the Malaysian GST Essentials. The workshop, which included a one-hour clinic session with our GST specialists, was attended by 30 finance professionals from various industries.
During the event, Deloitte Malaysia’s GST & Customs Director, Wong Poh Geng and GST Associate Director, Irene Lee discussed essential issues such as accounting for GST on transactions commonly overlooked, claiming of input tax credits, GST documentation including price display, filing of GST returns, tax coding and tips on compliance.
Click here to view photos of our workshop.