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::{| class="wikitable" | ::{| class="wikitable" | ||
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! No !! Tax Code || Description || Tax Rate || SST-02 column | ! No !! Tax Code || Description || Tax Rate || SST-02 column || SST-02A (for imported service) | ||
|- | |- | ||
| 01 || SUV || Service Own Use 6% || 6% || B1_9 <br /> B2_11C | | 01 || SUV || Service Own Use 6% || 6% || B1_9 <br /> B2_11C || B10a | ||
|- | |- | ||
|} | |} | ||
Revision as of 04:06, 21 November 2019
Introduction
- Explain the importance and usage of SST Tax Code reflect to SST-02.
SST Tax Code
- SST tax code mapping to SST-02.
Sales
1) Standard
No Tax Code Description Tax Rate SST-02 column 01 ST Sales Tax 10% charged to the taxable goods based on accrual/billing basis 10% B1_8
B2_11B02 ST5 Sales Tax 5% charged to the taxable goods based on accrual/billing basis 5% B1_8
B2_11A
2) Deemed Supply (Own Used/Disposed)
No Tax Code Description Tax Rate SST-02 column 01 SU Goods Own Used/Disposed deemed taxable and charged at 10% based on accrual/billing basis 10% B1_9
B2_11B02 SU5 Goods Own Used/Disposed deemed taxable and charged at 5% based on accrual/billing basis 5% B1_9
B2_11A
3) Sales - Exempted
No Tax Code Description Tax Rate SST-02 column 01 STE Sales Tax Exempted on goods as prescribed in the Sales Tax (Goods Exempted From Tax) Order 2018 n/a 02 SE Sales Tax Exempted to Export, Special Area (SA), eg. Free Zone, LMW and Designated Area (DA), eg. Langkawi, Tioman, Labuan B18_A 03 SEA Sales Tax Exempted-Schedule A (Class of Person), eg. Government, Local Authority Dept, etc. Detail refer to Schedule A in Sales Tax (Person Exempted From Payment Of Tax) Order 2018 B18_B1 04 SEB Sales Tax Exempted-Schedule B (Manufacturer of specific non taxable goods), eg. control products, medical. Detail refer to Schedule B in Sales Tax (Person Exempted From Payment Of Tax) Order 2018 B18_B2 05 SEC1 Sales Tax Exempted-Sch C (Item 1) on raw materials, components and packaging materials EXCLUDING PETROLEUM imported/purchased from a reg. manufacturer/licensed warehouse by any reg. manufacturer B18_B3 (i) 06 SEC2 Sales Tax Exempted-Sch C (Item 2) on raw materials, components and packaging materials imported/purchased from a reg. manufacturer/licensed warehouse by any reg. manufacturer of PETROLEUM products B18_B3 (i) 07 SEC3 Sales Tax Exempted-Sch C (Item 3) on raw materials, components and packaging materials EXLUDING PETROLEUM imported/purchased from a reg. manufacturer by any agent on behalf of a reg. manufacturer B18_B3 (ii) 08 SEC4 Sales Tax Exempted-Sch C (Item 4) on raw materials, components and packaging materials imported/purchased from a reg. manufacturer by any agent on behalf of a reg. manufacturer of PETOLEUM products B18_B3 (ii) 09 SEC5 Sales Tax Exempted-Sch C (Item 5) on semi-finished taxable goods or finished taxable goods which are subsequently returned by a subcon to a reg. manufacturer after completion of subcontract work B18_B3 (iii)
4) Purchase - Exempted
No Tax Code Description Tax Rate SST-02 column 01 PEC1 Purchase Tax Exempted-Sch C (Item 1) on raw materials, components and packaging materials EXCLUDING PETROLEUM imported/purchased from a reg. manufacturer/licensed warehouse by any reg. manufacturer B19 02 PEC2 Purchase Tax Exempted-Sch C (Item 2) on raw materials, components and packaging materials imported/purchased from a reg. manufacturer/licensed warehouse by any reg. manufacturer of PETROLEUM products B19 03 PEC3 Purchase Tax Exempted-Sch C (Item 3) on raw materials, components and packaging materials EXLUDING PETROLEUM imported/purchased from a reg. manufacturer by any agent on behalf of a reg. manufacturer B20 04 PEC4 Purchase Tax Exempted-Sch C (Item 4) on raw materials,components and packaging materials imported/purchased from a reg. manufacturer by any agent on behalf of a reg. manufacturer of PETOLEUM products B20 05 PEC5 Purchase Tax Exempted-Sch C (Item 5) on semi-finished taxable goods or finished taxable goods which are subsequently returned by a subcon to a reg. manufacturer after completion of subcontract work B21
Service
1) Standard
No Tax Code Description Tax Rate SST-02 column 01 SV Service Tax 6% 6% B1_10
B2_11C02 SVA Service Tax 6% charged to the taxable service based on accrual/billing basis. It use in IMSV tax code to report in SST-02A 6% B1_10
B2_11C
2) Deemed Supply (Own Used/Disposed)
No Tax Code Description Tax Rate SST-02 column SST-02A (for imported service) 01 SUV Service Own Use 6% 6% B1_9
B2_11CB10a