How to check if a Business is registered for Malaysian GST
Malaysian GST has now gone live. This new Goods and Services Tax has replaced the old Service Tax.
Their GST is based upon widely accepted OECD standards, which includes full liability across the whole production chain with the right to deduct, and on imports. This is fundamental change from the existing consumption taxes which are only charged once, which have no ability to deduct.
Since the introduction of GST on 1st April 2015, businesses that have registered with the Royal Malaysian Customs have started charging GST on the goods and services that they provide, unless these goods or services fall under the exemptions or zero rated lists or the customer is granted relief from GST.
If you are now receiving invoices with GST charged you must ensure that you are only paying GST to businesses registered and authorised to charge it.
How to check a company’s GST status
So how can you check if a company is registered for GST? Continue Reading