Thursday, 22. June 2023, 09:00 - 17:00, Hotel Armada, Petaling Jaya, Malaysia

Event Flyer

PPM SALES TAX SEMINAR

The PPM SALES TAX SEMINAR consists of the following topics (Details see belwo):

Sales Tax Compliance Audit Framework

Tariff Code

Exemption Reports Preparation

It is intended for drymix mortar manufacturers in Malaysia and by invitation only (non-members will also be invited, if you feel you should qualify to attend and did not get an invitation, please contact us).

INTRODUCTION

Sales and Service Tax (SST) was implemented in Malaysia on 1. September 2018 and manufacturers, importers, exporters, traders and service providers need to possess the necessary knowledge to understand the fundamental SST principles. Thereafter, it is important for businesses to apply the correct SST treatment in order to submit the correct returns and pay the correct amount of tax required.

Lately, even businesses who are NOT registered with SST may also need to comply with the rules and regulations, e.g. a vendor (agent) who purchases materials on behalf of a registered manufacturer will need to apply for Schedule C item 3 from customs in order to get exemptions from sales tax. Furthermore, customs is now carrying out sales tax audits to ensure good compliance by the sales tax registrants.

Since its formal founding in 2018, PPM has discussed the SST issue for our industry in depth with its members and external advisers. This initiative was interrupted by the CoVid pandemic and it is time to carry on now.

OBJECTIVE:

As the SST has been implemented since the year 2018, it is essential to start preparing for the customs department’s sales tax audit. This program aims to prepare the sales tax registrants to mitigate errors and prepare for a customs audit in the near future.

HOW WILL YOU BENEFIT:

At the end of this training session, participants will learn to:
• Understand the legislation of sales tax
• Understand the types of sales tax audit
• Know the SST compliance audit framework
• Know how the audit will be carried out and what are the supporting documents required
• Auditee’s rights and responsibilities during the audit
• Round Table Discussion (RTD), the do and don’t,
• Hot areas which will be audited for sales tax
• Know the sales tax appeal process
• Identi ed audit issues which may affect your business as a sales tax registrant
• Remedy actions after the sales tax audit
• Understand the practical sales tax issues faced by industries
• Take note of the various reports that need to submit to customs

The seminar is aimed at

√ Business Owners, Directors, General Managers
√ Financial Controllers,Chief Financial Officers
√ Finance Managers, Accountants & Accounts Executives

The event is exclusively and complimentary for Malaysia registered drymix mortar
manufacturers only. The participation per (member-) company is limited to two delegates

Venue:

Altanta West Level 3,
Hotel Armada Petaling Jaya
Lot 6, Lorong Utara C, Section 52,
46200 Petaling Jaya, Selangor
Phone: 03-7954 6888

Enquiries:

Contact: The Executive Committee of PPM, Mr. Daniel Leong Li Wei
Tel : +60-12 2841412
Email : ppm(at)outlook.my or info(at)drymix.info

Limited space:

By invitation only. 

Organized by:

PPM Pertubuhan Pengilang Mortar Pra-Bancuh / Malaysian Drymix Mortar Manufacturer Association, a chapter of SEADMA

Subject to change without notice