SALES TAX 2018 - Management of Exemption Facilities & Scrap/Waste Disposal
Course Information
  • 06-Feb-2020
  • Fuller Hotel, Kulim
  • Mohd Rozlan Mohamed Ali
  • Others
  • RM 580 RM 480
    Until 12 Jan 2020
  • 9am - 5pm
(A) INTRODUCTION
ALL sales tax registered manufacturers are entitled to apply for tax exemption and subsequently, upon approval, eligible to acquire taxable manufacturing inputs (raw materials, components, packaging and consumables) free from sales tax when purchased directly from other registered manufacturer or import subjected to approval conditions.

Anyway, the exempted purchased/imported goods are meant for MANUFACTURING OF TAXABLE GOODS only. Any BREACH of approval conditions may subject to Recovery of Sales Tax by JKDM or penalty if fail to notify making the inventory management of the exempted goods becomes crucial especially if handling hundreds or thousands types of raw materials/ components.

In addition, inventory reports shall be prepared quarterly and submitted to Customs Control Station upon request by JKDM Officers. Failing which may result in discontinue of the exemption facility.

This program will focus on practical aspect in managing the tax exempted goods as well as all related reports.

(B) OBJECTIVES
• know-what is Sales Tax Exemptions
• know-how to manage tax exempted manufacturing
inputs
• Know-how to prepare correct approved exempted
goods purchased/ imported reports
• know-how to utilize Sales Tax Deduction STD Facility
• correctly report tax exemption in SST-02

(C) TARGETED GROUP
1. Business Owners and Company Directors
2. CFOs, Financial Controllers and Finance Managers
3. Accountants, Accounts Executives, Accounts
Assistants
4. Business Advisors, Auditors and Internal Audit Staff
5. Freelance Accounting Professionals
6. SST Managers / Executives
7. Procurement/Purchasing and Logistics Managers
8. Storekeepers
9. Other functional staff engaged in Sales Tax matters

(D) DATE & VENUE

Date: 6 February 2020 (Thu)
Time: 9AM - 5PM
Venue: Fuller Hotel, Kulim

(E) FEE

Early Bird Offer (before 12 Jan 2020) - RM 480
Special Offer (before 26 Jan 2020) - RM 530
Normal Fee - RM 580

- Fee includes course Notes, Lunch, Refreshments/ Tea Breaks, Certificate of Attendance & 6% Government Service Tax

** DISCOUNT **
- SST2u Loyalty Card member - 10% discount

(F) COURSE CONTENTS

[01] Sales Tax 2018 Mechanism
- Revision with latest updates
- Exemption Facilities
o Types of Facilities
o Types of Exemptions
◊ Sales Exemption
◊ Purchase Exemption

[02] Application for Sales Tax Exemption
- HS/ Tariff Codes
- Application for exemptions
o Schedule C – Registered Manufacturer
o Schedule B – Non-registered manufacturer
o Schedule A – Other Persons
- Approval Conditions
- Approval Cancellation & Deletion

[03] Sales Tax Deduction (STD)
- Eligibility for tax deduction
- Application for Registration
o Approval Conditions
- Application for Deductions
o Manners of claiming

[04] Management of Exemption
- Exempted Stock/Inventory Management
- Quarterly Exempted Goods Purchased/ Imported
Report
o Lampiran CJ (P) – Jadual C-01
o Lampiran CJ (P) – Jadual C-02
o Lampiran CJ (P) – Jadual C-03
o Lampiran CJ (P) – Jadual B-01
o Lampiran CJ (P) – Jadual B-02
- Breach of Approval Conditions
o Other than manufacturing
◊ Own Used
◊ Disposed (sales/scrap)
o Recovery Sales Tax
- Own used/ Disposal of Manufactured Taxable Goods

[05] Accounting for Sales Tax
- Tax Codes
- Invoice
- Credit Note / Debit Note

[06] SST-02 Return & Payment
- Supplement return - SST-02A

[07] Other Exemptions Facilities
- Drawback
- Refund
- Bad Debts
- JKDM No. 2 Form

[08] Self-compliance, Audit, Fine and Penalty

[09] Q&A

(G) SPEAKER PROFILE

TUAN MOHD ROZLAN MOHAMED ALI
- Director, Indirect Tax, Malaysian Association of Tax Accountants (MATA)

Mohd Rozlan Mohamed Ali adalah Ahli Majlis Kerja Tertinggi Persatuan Akauntan Percukaian Malaysia (M.A.T.A.) serta Pengarah Unit Cukai Tidak Langsung M.A.T.A. Berkelulusan Sarjana Pentabiran Perniagaan (Kewangan)(MBA-Finance) dari Universiti Utara Malaysia.

Mohd Rozlan aktif mengendalikan seminar, khidmat nasihat serta praktikal perlaksanaan GST dan SST di seluruh negara untuk pelbagai jenis industri, syarikat dan perniagaan. Pengalaman kerja selama lebih 25 tahun dan kemahiran perakaunan memberi banyak kelebihan untuk mengatasi semua jenis masalah perlaksanaan SST2.0 – Cukai Jualan 2018 dan Cukai Perkhidmatan 2018.

(H) REGISTRATION & ENQUIRY

Email: SSTcourse@gmail.com
Enquiry:
General (03 - 8082 3357)
Teo (011 - 3178 9203)
Logesh (012 - 503 0346)
Siti (012 - 383 8603)