The Ministry of Finance in June 2020 announced that the Royal Malaysian Customs Department is committed to expediting goods and services tax (GST) refunds, with payments expected to be made from 22 June 2020 and targeted to be completed by December 2020.
For eligible companies, GST may be refunded first, with any pending audit to be conducted later.
The authorities issued an announcement with regards to the GST refund on its official website for sales tax and service tax (“MySST”). A list of “frequently asked questions” (FAQs) is also available (available in Bahasa Malaysia only).
Read a June 2020 report [PDF 1.2 MB] prepared by the KPMG member firm in Malaysia
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