As highlighted in our previous Tax Whiz, 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.
The Royal Malaysian Customs Department (“RMCD”) has recently issued a Frequently Asked Question (“FAQ”) in respect of the NERP indirect tax initiatives announced on 5 June 2020. The FAQ addresses specifically on:
- Remission of Late Payment Penalty
- Sales Tax Exemption for Purchase of Passenger Cars
- Tourism Tax Exemption
Please note that the FAQ is currently available in Bahasa Malaysia only.
For more details, please refer to the Summary and Tax Whiz 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.
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