ROYAL MALAYSIAN CUSTOMS GOODS AND SERVICES TAX GUIDE ON INSURANCE AND TAKAFUL

If a dealer (a stock broking company) or futures broker supplies a dealing system which allows a user to insert bid and offer quotes for securities or

(d) In certain circumstances, a registered person needs to account for GST using both method (i.e. payment and invoice basis) on the same invoice if involving delivery

Subsequently, the sale of the immovable property is subject to GST at a standard rate if the moneylender is a taxable person.. (b) The security is a

Where a registered person fails to pay the consideration for the supply of any goods or services made by his supplier within six months from the date of supply and he has

In a buy-back policy, a DSC purchases unsold goods or products including promotional materials, sales aids and sales kits from their distributor / stockist before

(b) Deferred annuity refers to an insurance or takaful contract, plan, scheme or policy by which a life insurer or takaful operator agrees to make a series

A1: Even though most financial services are exempt supplies, banks and financial institutions also provide fee-based services which are subject to GST at standard rate?.

Q30: A portion of the service or sales charge collected by the fund manager is paid out as sales commission to selling agents. However, you can claim GST incurred on