SST-Imported Service (SST-02A): Difference between revisions

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==Imported Service Tax==
==Imported Service Tax==
:Purchase service from oversea by any companies in Malaysia and it is subject to imported service tax 6% (IMSV).
Purchase service from oversea by any companies in Malaysia and it is subject to imported service tax 6% (IMSV).
* for Service Tax registered ONLY, need to declare in SST-02
* for Service Tax registered ONLY, need to declare in SST-02
* for non-SST registered or Sales Tax registered ONLY, need to declare imported service in '''SST-02A'''
* for non-SST registered or Sales Tax registered ONLY, need to declare imported service in '''SST-02A'''
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==Imported Service Tax Exempted==
==Imported Service Tax 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'''.
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'''
* Tax code : '''IMSVE'''

Revision as of 06:45, 18 October 2022

Imported Service Tax

Purchase service from oversea by any companies in Malaysia and it is subject to imported service tax 6% (IMSV).

  • for Service Tax registered ONLY, need to declare in SST-02
  • for non-SST registered or Sales Tax registered ONLY, need to declare imported service in SST-02A
  • Tax code : IMSV


IMSV.jpg


Imported Service Tax 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
  • Tax code : IMSVE


IMSVE.jpg



See also