Difference between revisions of "SST-Tax Code"

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(SST Tax Code)
(Sales)
Line 17: Line 17:
 
! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
|-
 
|-
| 01 || ST || Sales Tax 10% || 10% || B1_8 <br /> B2_11B
+
| 01 || ST || Sales Tax 10% charged to the taxable goods based on accrual/billing basis || 10% || B1_8 <br /> B2_11B
 
|-
 
|-
| 02 || ST5 || Sales Tax 5% || 5% || B1_8 <br /> B2_11A
+
| 02 || ST5 || Sales Tax 5% charged to the taxable goods based on accrual/billing basis || 5% || B1_8 <br /> B2_11A
 
|}
 
|}
 
<br />
 
<br />
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! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
|-
 
|-
| 01 || SU || Goods Own Used/Disposed 10% || 10% || B1_9 <br /> B2_11B
+
| 01 || SU || Goods Own Used/Disposed deemed taxable and charged at 10% based on accrual/billing basis || 10% || B1_9 <br /> B2_11B
 
|-
 
|-
| 02 || SU5 || Goods Own Used/Disposed 5% || 5% || B1_9 <br /> B2_11A
+
| 02 || SU5 || Goods Own Used/Disposed deemed taxable and charged at 5% based on accrual/billing basis || 5% || B1_9 <br /> B2_11A
 
|}
 
|}
 
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Line 39: Line 39:
 
! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
|-
 
|-
| 01 || STE || Sales Tax Exempted ||  ||  
+
| 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 Export/Special Area/Designated Area ||  || B18_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 More on Government & Local Authority Dept ||  || B18_B1
+
| 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 More on Control Product & Medical Product ||  || B18_B2
+
| 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 - Schedule C (Item 1) ||  || B18_B3 (i)
+
| 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 - Schedule C (Item 2) ||  || 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 - Schedule C (Item 3) ||  || B18_B3 (ii)
+
| 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 - Schedule C (Item 4) ||  || 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 - Schedule C (Item 5) ||  || B18_B3 (iii)
+
| 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)
 
|}
 
|}
 
<br />
 
<br />
Line 64: Line 64:
 
! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
! No !! Tax Code || Description || Tax Rate || SST-02 column   
 
|-
 
|-
| 01 || PEC1 || Purchase Tax Exempted - Schedule C (Item 1) ||  || B19
+
| 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 - Schedule C (Item 2) ||  || 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 - Schedule C (Item 3) ||  || B20
+
| 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 || PEC2 || Purchase Tax Exempted - Schedule C (Item 4) ||  || 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 || PEC3 || Purchase Tax Exempted - Schedule C (Item 5) ||  || B21
+
| 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
 
|}
 
|}
 
<br />
 
<br />

Revision as of 04:04, 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.

SST-MaintainTax-01a.jpg


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_11B
02 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_11B
02 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_11C



2) Deemed Supply (Own Used/Disposed)

No Tax Code Description Tax Rate SST-02 column
01 SUV Service Own Use 6% 6% B1_9
B2_11C


See also