https://www.taxtmi.com/article/detailed?id=1466 GST is a broad-based consumption tax replacing sales and service taxes; businesses above a prescribed turnover must register with the Royal Malaysian Customs and file periodic returns. Many supplies are taxable while specified essential items are exempt. The system uses a credit offset mechanism whereby output tax is netted against input tax and only the net difference is remitted, leaving household consumers to bear the tax ultimately. en-us Wed, 12 Oct 2011 23:26:58 +0530 Wed, 04 Feb 2015 19:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1466 GST is a broad-based consumption tax replacing sales and service taxes; businesses above a prescribed turnover must register with the Royal Malaysian Customs and file periodic returns. Many supplies are taxable while specified essential items are exempt. The system uses a credit offset mechanism whereby output tax is netted against input tax and only the net difference is remitted, leaving household consumers to bear the tax ultimately. Articles Goods and Services Tax - GST Wed, 12 Oct 2011 23:26:58 +0530 https://www.taxtmi.com/article/detailed?id=1466