SST-Tariff Code: Difference between revisions

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==Introduction==
==Introduction==
: * Tariff classification is a complex yet extremely important aspect of cross-border trading.  
* Tariff classification is a complex yet extremely important aspect of cross-border trading.  
: * Goods imported from or to Malaysia are classified by the Harmonized Tariff Schedule (HTS) or commonly referred to as HS Codes.  
* Goods imported from or to Malaysia are classified by the Harmonized Tariff Schedule (HTS) or commonly referred to as HS Codes.  
: * The codes, created by World Customs Organization (WCO), categorize up to 5,000 commodity
* The codes, created by World Customs Organization (WCO), categorize up to 5,000 commodity
 
* HS Codes are made of 6-digit numbers that are recognized internationally, though different countries can extend the numbers by two or four digits to define commodities at a more detailed level.
* Click [http://mysstext.customs.gov.my/tariff/ here] to search the tariff code list from Kastam system.


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==SST Tax Code==
==Quick Setup for Tariff Code==
::SST tax code consists of Sales Tax and Service Tax.  
:1. Create the tariff code applicable to your product at [[Maintain Tariff]].
 
:[[File:SST-Tariff Code-01.jpg |900px]]
[[File:SST-02 Guide (2).png]]
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:2. Pick a tariff code for an items at [[Maintain Stock Item]].
===Sales===
:[[File:SST-Tariff Code-02.jpg |750px]]
 
1) '''Standard'''
::{| class="wikitable"
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
|-
| 01 || ST || Sales Tax 10% || 10% || B1_8 <br /> B2_11B
|-
| 02 || ST5 || Sales Tax 5% || 5% || B1_8 <br /> B2_11A
|}
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2) '''Deemed Supply (Own Used/Disposed)'''
:3. For exemption certificate case (under Schedule A, B, C), a tariff and tax code (SEA, SEB, SEC1, SEC2, SEC3, SEC4, SEC5) should set in [[Maintain Customer]] and [[Maintain Supplier]] (Tariff code setting under Tax Tab).
::{| class="wikitable"
:[[File:SST-Tariff Code-03.jpg |750px]]
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
|-
| 01 || SU || Goods Own Used/Disposed 10% || 10% || B1_8 <br /> B1_9
|-
| 02 || SU5 || Goods Own Used/Disposed 5% || 5% || B1_8 <br /> B1_9
|}
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3) '''Sales - Exempted'''
::{| class="wikitable"
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
|-
| 01 || STE || Sales Tax Exempted ||  ||
|-
| 02 || SE || Sales Tax Export/Special Area/Designated Area ||  || B18_A
|-
| 03 || SEA || Sales Tax Exempted - Schedule A More on Government & Local Authority Dept ||  || B18_B1
|-
| 04 || SEB || Sales Tax Exempted - Schedule B More on Control Product & Medical Product ||  || B18_B2
|-
| 05 || SEC1 || Sales Tax Exempted - Schedule C (Item 1) ||  || B18_B3 (i)
|-
| 06 || SEC2 || Sales Tax Exempted - Schedule C (Item 2) ||  || B18_B3 (i)
|-
| 07 || SEC3 || Sales Tax Exempted - Schedule C (Item 3) ||  || B18_B3 (ii)
|-
| 08 || SEC4 || Sales Tax Exempted - Schedule C (Item 4) ||  || B18_B3 (ii)
|-
| 09 || SEC5 || Sales Tax Exempted - Schedule C (Item 5) ||  || B18_B3 (iii)
|}
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4) '''Purchase - Exempted'''
::{| class="wikitable"
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
|-
| 01 || PEC1 || Purchase Tax Exempted - Schedule C (Item 1) ||  || B19
|-
| 02 || PEC2 || Purchase Tax Exempted - Schedule C (Item 2) ||  || B19
|-
| 03 || PEC3 || Purchase Tax Exempted - Schedule C (Item 3) ||  || B20
|-
| 04 || PEC2 || Purchase Tax Exempted - Schedule C (Item 4) ||  || B20
|-
| 05 || PEC3 || Purchase Tax Exempted - Schedule C (Item 5) ||  || B21
|}
<br />
 
===Service===
1) '''Standard'''
::{| class="wikitable"
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
|-
| 01 || SV || Service Tax 6% || 6% || B1_8 <br /> B1_10 <br /> B2_11C
|}
<br />
 
 
2) '''Deemed Supply (Own Used/Disposed)'''
::{| class="wikitable"
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
|-
| 01 || SUV || Service Own Use 6% || 6% || B1_8 <br /> B1_9
|-
|}
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==See also==
==See also==
* [[New SST Return]]
* [[Maintain Tariff]]
* [[Open SST Return]]
* [[Maintain Stock Item]]
* [[Maintain Customer]]
* [[Maintain Supplier]]

Latest revision as of 02:13, 13 February 2019

Introduction

  • Tariff classification is a complex yet extremely important aspect of cross-border trading.
  • Goods imported from or to Malaysia are classified by the Harmonized Tariff Schedule (HTS) or commonly referred to as HS Codes.
  • The codes, created by World Customs Organization (WCO), categorize up to 5,000 commodity
  • HS Codes are made of 6-digit numbers that are recognized internationally, though different countries can extend the numbers by two or four digits to define commodities at a more detailed level.
  • Click here to search the tariff code list from Kastam system.


Quick Setup for Tariff Code

1. Create the tariff code applicable to your product at Maintain Tariff.
SST-Tariff Code-01.jpg


2. Pick a tariff code for an items at Maintain Stock Item.
SST-Tariff Code-02.jpg


3. For exemption certificate case (under Schedule A, B, C), a tariff and tax code (SEA, SEB, SEC1, SEC2, SEC3, SEC4, SEC5) should set in Maintain Customer and Maintain Supplier (Tariff code setting under Tax Tab).
SST-Tariff Code-03.jpg


See also

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Last modified
This page was last edited on 13 February 2019, at 02:13.