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Malaysia: Amendment to final GST return due by 31 August 2020

Malaysia: Amendment to final GST return

Malaysia’s goods and services tax (GST) was replaced by the “sales tax and services tax,” but there are still transitional GST issues that may need to be resolved. Amendments to the final GST-03 return (if any) must be made by 31 August 2020.


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According to the GST guides, no adjustment is allowed to be made after 31 August 2020.  The amendment to the final GST-03 return must be made in certain situations, such as:

  • Accounting of output tax on tax invoice issued on or after 1 September 2018 for taxable supplies made during the GST era
  • Debit note / credit note issued pertaining to change in consideration for taxable supplies made during the GST era 
  • Credit note issued or received pertaining to GST charged and accounted on retention amount received or paid on or after 1 September 2018
  • Input tax adjustment for bad debt relief 
  • Output tax adjustment for recovery of bad debt
  • Output tax adjustment on outstanding amount due to suppliers for more than six months from the date of supply
  • Input tax adjustment on repayment of outstanding amount due to suppliers

Read a July 2020 report prepared by the KPMG member firm in Malaysia

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