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As highlighted in our Tax Whiz dated 26 March 2020 and 15 April 2020, we have prepared a summary of the specific Indirect Tax measures introduced by the Government due to the impact of COVID-19 via the above link and the Summary is updated from time to time. 

Specifically on payment of tax to the Royal Malaysian Customs Department (“RMCD”) which is due on 31 March 2020 and 30 April 2020, any associated penalty will be remitted in full provided the payment is received by the RMCD by 31 May 2020.  However, the RMCD has informed that the late payment penalty will still be generated in the system due to system constraints, although the penalty is expected to be remitted in full by the RMCD as soon as possible. 

As for the submission of returns/ declarations due on 31 March 2020 and 30 April 2020, the RMCD has also clarified that no prosecution shall be instituted for the offence in respect of failure to submit the returns/ declarations by the statutory due dates.

For more details, please refer to the Summary which can be accessed via the above link.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Contact KPMG

For more information on our core service offerings, please contact:

Ng Sue Lynn
Executive Director 
Head of Indirect Tax
suelynnng@kpmg.com.my
+ 603 7721 7271

Yap Choon Ling
Director
Indirect Tax Practice
CHOONLINGYAP@KPMG.COM.MY
+ 603 7721 7207
Dato’ Tan Sim Kiat 
Advisor 
Indirect Tax Practice
SIMKIATTAN@KPMG.COM.MY