Notification of GST Implementation
In compliance with the Malaysian Government’s efforts to enhance the efficiency and effectiveness of the existing taxation system, Sonofax has registered with the Royal Malaysian Customs Department as a GST business entity (001686650880).
A multi-stage tax charged on all domestic consumption of goods and services, the Goods and Services Tax (also known as Value-Added Tax or VAT in some countries) is to replace the existing sales & service tax (SST) with the aim of eliminating inefficiencies such as cascading and compounding effects, transfer pricing and value shifting (among other inherent issues) with a robust, transparent and business-friendly system.
Hence, with effect from 1st April 2015 onwards, the new 6% GST rate will be included in the pricing of all our products. Should you require further clarification on this matter, please do not hesitate to contact us at Email : firstname.lastname@example.org
NOTICE ON GOODS AND SERVICES TAX (GST) AT ZERO RATED EFFECTIVE FROM 1 JUNE 2018
Dear Valued Customers,
As you are aware, the Good and Service Tax (GST) will be zero-rated effective on 1st June 2018 as announced by Finance Ministry of Malaysia.
As such, please note the following scenario that will be applying effective from 1st June 2018:
- All supplies of goods and services which are now subject to GST at standard-rated (6%) become zero-rates (0%)
- We will also be enhancing our tax invoices issued to you where GST of standard-rated of (6%) will be changed to 0%
- GST of 6% will still be applicable to supplies of good and service completed or delivered before 1st June 2018.
- GST of 6% will also be charge for any prepayment, deposit or payment paid before 1st June 2018 even though good and service completed or delivered after 31st May 2018.
The Company shall reserve the right to revise our selling price or change any form of tax in compliance with government tax laws or regulations that implemented in future.
Sonofax Sdn. Bhd. (290187-P)
24 May 2018