Difference between revisions of "SST-Tax Code"

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(Service)
(Sales)
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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  
 
|-
 
|-
 
| 01 || ST || Sales Tax 10% charged to the taxable goods based on accrual/billing basis || 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
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::{| class="wikitable"
 
::{| class="wikitable"
 
|-
 
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
+
! No !! Tax Code || Description || Tax Rate || SST-02
 
|-
 
|-
 
| 01 || SU || Goods Own Used/Disposed deemed taxable and charged at 10% based on accrual/billing basis || 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
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::{| class="wikitable"
 
::{| class="wikitable"
 
|-
 
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column 
+
! No !! Tax Code || Description || Tax Rate || SST-02  
 
|-
 
|-
 
| 01 || STE || Sales Tax Exempted on goods as prescribed in the Sales Tax (Goods Exempted From Tax) Order 2018 ||  || n/a
 
| 01 || STE || Sales Tax Exempted on goods as prescribed in the Sales Tax (Goods Exempted From Tax) Order 2018 ||  || n/a
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::{| class="wikitable"
 
::{| class="wikitable"
 
|-
 
|-
! No !! Tax Code || Description || Tax Rate || SST-02 column  
+
! No !! Tax Code || Description || Tax Rate || SST-02   
 
|-
 
|-
 
| 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
 
| 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

Revision as of 04:07, 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
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
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
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
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
02 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_11C
B10a


See also