Course Objectives and Benefits
- Understanding the scope of tax and its recent updates
- Identify the taxable and non-taxable service
- Identify the exemption from service tax payment
- Determine a non-reviewable contract
- Implement the transitional rule
- Compliance with the service tax accounting
Module One-The scope and categories of service tax
- The development of service tax
- The general categories of service tax, tax rate and thresholds
- The newly expanded categories of service tax, tax rate and thresholds
- Registration and determination of value of taxable service.
Module Two-Service tax on construction work services
- Scope of services, tax rate and thresholds
- Taxable and non-taxable construction works service
- Exemption from service tax payment, include B2B exemption, and construction within SA and DA
- Non-reviewable contract
- Transitional period
- Treatment of retention sum
- Liquidated and Ascertained Damages
Module Three-Service tax on rental & leasing
- Scope of services, tax rate and thresholds
- Taxable and non-taxable rental and leasing service
- Exemption from service tax payment, include B2B and SME
- Non-reviewable contract
- Transitional period
Module Four-Imported taxable service
- Type of imported taxable services subject to service tax
- Service Tax due on taxable and non-taxable person
- Exemption from Service tax payment on B2B
Module Five-Service tax accounting
- Invoice, credit note and debit note
- Bad Debts claim
- Accounting basis and taxable period
- Return and payment
- Failure to furnish return and pay
- Record keeping
For In-House training, please email us at tstseminar@gmail.com or info@tst.my
FOR MORE INFORMATION, PLEASE CONTACT US:
TST CONSULTANTS SDN BHD (631559-X)
5-1, Jalan 3/125D, Desa Petaling
57100 Kuala Lumpur
Email: tstseminar@gmail.com or info@tst.my
Contact us: +603 9057 1233 (Ms Sally)
WhatsApp: +6016 209 2085 (TST)