GST vs SST

GOODS AND SERVICES TAX (GST) SALES AND SERVICE TAX (SST)
Multi-stage tax Single-stage tax
Broad-based, levied on all goods and services including imports (unless specifically excluded) Levied on all locally manufactured/imported goods and certain prescribed services
The standard rate of tax: 6%
Certain supplies are treated as zero-rated, exempt or are subject to relief
Sales tax: 10%
Service tax: 6%
Mandatory registration upon reaching a threshold of RM500,000 (voluntary registration also possible) Sales Tax: A license had to be obtained if annual sales turnover exceeded RM100,000*
Service Tax: A range of registration thresholds from 0 to RM3mil
Input tax can be offset against output tax No tax credit mechanism
Returns filed either monthly, bi-monthly or quarterly (with the option to request an alternative filing period) Returns filed on a bi-monthly basis


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