Malaysia introduces GST as from 2015. How does that impact electronic invoicing?

March 21, 2014  |  Asia, Electronic Invoicing

linkedin Malaysia introduces GST as from 2015. How does that impact electronic invoicing? Malaysia introduced a new goods and services (GST) tax to be introduced in April 2015. The new tax will be levied at 6 per cent.

The GST, unveiled in Malaysia’s 2014 Budget, will replace the country’s current sales and services tax of up to 16 per cent. Essential food items such as flour and rice, as well as bus and train fares, will be exempted.

Oscar Ferreira raised the question in our LinkedIN group: With the upcoming developments on GST does anybody experienced e-invoicing for a Malaysian buyer organization? Any contribution is appreciated.

Source: https://www.linkedin.com/groups/Malaysia-einvoicing-715727.S.5852685875070144513?qid=33ada490-1b8f-45ee-9fce-8895c687615b&trk;=groups_most_recent-0-b-ttl&goback;=.gmr_715727


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