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==Imported Service Tax== | ==Imported Service Tax (IMSV)== | ||
Purchase service from oversea by any companies in Malaysia and it is subject to '''imported service tax 6%'''. | Purchase service from oversea by any companies in Malaysia and it is subject to '''imported service tax 6%'''. | ||
* for '''Service Tax registered ONLY,''' | * for '''Service Tax registered ONLY,''' declare together with other service tax in SST-02 | ||
* for '''non-SST registered''', | * for '''non-SST registered''', declare imported service in '''SST-02A''' | ||
* for '''Sales Tax registered ONLY''', | * for '''Sales Tax registered ONLY''', declare imported service in '''SST-02A''' | ||
* Tax code : '''IMSV''' | * Enter at '''Cash Book Entry (PV)''' or at '''Supplier/Purchase Invoice'''. See the illustration below. | ||
* use Tax code : '''IMSV''' | |||
<br /> | <br /> | ||
:[[File:IMSV.jpg |800px]] | :[[File:IMSV.jpg |800px]] | ||
<br /> | <br /> | ||
==Imported Service Tax Exempted== | ==Imported Service Tax Exempted (IMSVE)== | ||
Any company in Malaysia who acquires taxable services of Group G item (a), (b), (c), (d), (e), (f), (g), (h) and (i) from any company within the same group of companies outside Malaysia. It is '''Exempted'''. | Any company in Malaysia who acquires taxable services of Group G item (a), (b), (c), (d), (e), (f), (g), (h) and (i) from any company within the same group of companies outside Malaysia. It is '''Exempted'''. | ||
* Need to declare in SST-02 | * Need to declare in SST-02 | ||
* Tax code : '''IMSVE''' | * Enter at '''Cash Book Entry (PV)''' or at '''Supplier/Purchase Invoice'''. See the illustration below. | ||
* use Tax code : '''IMSVE''' | |||
<br /> | <br /> | ||
:[[File:IMSVE.jpg |800px]] | :[[File:IMSVE.jpg |800px]] | ||
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==How to get print SST-02A?== | ==How to get print SST-02A?== | ||
1. Go to '''File | Company Profile...'''<br /> | 1. Go to '''File | Company Profile...'''<br /> | ||
2. Make sure the '''Service Tax No''' field is '''BLANK'''.<br /> | 2. Make sure the '''Service Tax No''' field is '''BLANK'''.<br /> | ||
:[[File:SST-02A-03.jpg | | :[[File:SST-02A-03.jpg |500px]] | ||
Note: | |||
For '''Service Tax Registered company''', it is declare together with other service tax in SST-02 | |||
<br /> | <br /> | ||
3. Save it.<br /> | 3. Save it.<br /> | ||
4. Logout and login again.<br /> | 4. Logout and login again.<br /> | ||
5. Go to menu : '''SST/GST | Print SST-02A...''' | |||
:[[File:SST-02A-01.jpg |300px]] | |||
<br /> | |||
==See also== | ==See also== | ||
* [[Maintain Tax (SST)]] | * [[Maintain Tax (SST)]] | ||
Latest revision as of 03:30, 27 October 2022
Imported Service Tax (IMSV)
Purchase service from oversea by any companies in Malaysia and it is subject to imported service tax 6%.
- for Service Tax registered ONLY, declare together with other service tax in SST-02
- for non-SST registered, declare imported service in SST-02A
- for Sales Tax registered ONLY, declare imported service in SST-02A
- Enter at Cash Book Entry (PV) or at Supplier/Purchase Invoice. See the illustration below.
- use Tax code : IMSV
Imported Service Tax Exempted (IMSVE)
Any company in Malaysia who acquires taxable services of Group G item (a), (b), (c), (d), (e), (f), (g), (h) and (i) from any company within the same group of companies outside Malaysia. It is Exempted.
- Need to declare in SST-02
- Enter at Cash Book Entry (PV) or at Supplier/Purchase Invoice. See the illustration below.
- use Tax code : IMSVE
How to get print SST-02A?
1. Go to File | Company Profile...
2. Make sure the Service Tax No field is BLANK.
Note: For Service Tax Registered company, it is declare together with other service tax in SST-02
3. Save it.
4. Logout and login again.
5. Go to menu : SST/GST | Print SST-02A...
