Goods and Services Tax Act 2014

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Goods and Services Tax Act 2014
MalaysianParliament.jpg
Parliament of Malaysia
An Act to provide for the imposition and collection of goods and services tax and for matters connected therewith.
Citation Act 762
Territorial extent Throughout Malaysia
Enacted by Dewan Rakyat
Date passed 7 April 2014
Enacted by Dewan Negara
Date passed 5 May 2014
Date of Royal Assent 9 June 2014
Date commenced 19 June 2014
Date effective Except for regulations 11 and 12, and Parts VI, VII, VIII, IX and X, these Regulations come into operation on 1 July 2014. Regulations 11 and 12, and Parts VI, VII, VIII, IX and X come into operation on 1 April 2015.
Legislative history
Bill introduced in the Dewan Rakyat Goods and Services Bill 2014
Bill citation D.R. 2/2014
Introduced by Ahmad Husni Hanadzlah, Second Minister of Finance
First reading 31 March 2014
Second reading 3 April 2014
Third reading 7 April 2014
Bill introduced in the Dewan Negara Goods and Services Bill 2014
Bill citation D.R. 2/2014
Introduced by Ahmad Maslan, Deputy Minister of Finance
First reading 21 April 2014
Second reading 5 May 2014
Third reading 5 May 2014
Keywords
Goods and services tax
Status: In force

The Goods and Services Tax Act 2014 (Malay: Akta Cukai Barang dan Perkhidmatan 2014), is a Malaysian laws which enacted to provide for the imposition and collection of goods and services tax and for matters connected therewith.

Structure

The Goods and Services Tax Act 2014, in its current form (19 June 2014), consists of 19 Parts containing 197 sections and 4 schedules (including no amendment).

  • Part I: Preliminary
  • Part II: Administration
  • Part III: Imposition and Scope of Tax
  • Part IV: Registration
  • Part V: Accounting, Assessment, Recovery, etc.
  • Part VI: Funds for Goods and Services Tax Refund
  • Part VII: Relief, Refund and Remission
  • Part VIII: Special Cases
  • Part IX: Goods and Services Tax Ruling
  • Part X: Enforcement
  • Part XI: Offences and Penalties
  • Part XII: Trials and Proceedings
  • Part XIII: Review and Appeal
  • Part XIV: Designated Areas
  • Part XV: Free Commercial Zone
  • Part XVI: Miscellaneous
  • Part XVII: Repeal and Savings of Sales Tax Act 1972
  • Part XVIII: Repeal and Savings of Service Tax Act 1975
  • Part XIX: Transitional Provisions
  • Schedules

See also

References

External links

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