[Sarawak] SALES TAX 2018 - Management of Exemption Facilities & Scrap/Waste Disposal
Course Information
  • 18-Jun-2020
  • Hilton Hotel, Kuching
  • Mohd Rozlan Mohamed Ali
  • Others
  • RM 590 RM 540
    Until 29 May 2020
  • 9am - 5pm
(A) INTRODUCTION
ANY PERSON who are traders, manufacturer, registered manufacturer or whoever dealing with taxable goods under Sales Tax 2018 may eligible for Sales Tax Saving Facilities if fulfil certain conditions upon application approval.

Anyway, any BREACH of approval conditions may subject to Recovery of Sales Tax by JKDM making the inventory management exempted goods becomes crucial especially if handling hundreds or thousands types of raw materials/components.

On top of that, disposal of damaged goods and production scrap/waste should be properly handled to minimize any sales tax liability.

(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
• To avoid mishandling of production scrap/waste
• To encourage self-compliance and voluntary compliance

(C) TARGETED GROUP
• Business Owners and Company Directors
• CFOs, Financial Controllers and Finance Managers
• Accountants, Accounts Executives, Accounts Assistants
• Business Advisors, Auditors and Internal Audit Staff
• Freelance Accounting Professionals
• SST Managers / Executives
• Procurement / Purchasing and Logistics Managers
• Warehouse Managers / Storekeepers
• Other functional staff engaged in Sales Tax matters
• TRADERS – who wish maximise sales tax saving

(D) DATE & VENUE

Date: 18 Jun 2020 (Thu)
Time: 9AM - 5PM
Venue: Hilton Hotel, Kuching

(E) FEE

Early Bird Offer (15 May 2020) - RM 490
Special Offer (29 May 2020) - RM540
Normal Fee - RM 590

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

** DISCOUNT **

- 15% overriding discount for SST2u Loyalty Card members

(F) COURSE CONTENTS

1. Sales Tax 2018 Mechanism
a. A revision with latest updates
b. Sales Tax Saving Facilities
i. Types of Facilities

2. Application for Sales Tax Exemption
a. Application for exemptions
i. Schedule C – Registered Manufacturer
ii. Schedule B – Manufacturer of non-taxable goods
iii. Schedule A – Specific Persons
b. Approval Conditions
c. Approval Cancellation & Item Deletion

3. Sales Tax Deduction (STD)
a. Eligibility for tax deduction
b. Application for Registration
i. Approval Conditions
c. Application for Deductions
i. Manners of claiming

4. Management of Exemption Facilities
a. Exempted Stock/Inventory Management
b. Reports : Exempted Goods Acquisition & Consumption
c. Breach of Approval Conditions
i. Used for manufacturing of non-taxable goods
ii. Used for other than manufacturing
• Own Used
• Re-sell
• Unaccounted
iii. Recovery Sales Tax by JKDM

5. Management of Disposal
a. Caused of Disposal
i. Damaged goods
ii. Production Waste / Scraps
b. Types of Disposal
i. Sell
ii. Destroy
iii. Application for Approval from JKDM
c. Recovery Sales Tax by JKDM

6. Other Sales Tax Saving Facilities
a. Drawback
b. Major Exporter Scheme
c. Refund
d. Bad Debts

7. Sales Tax Obligation & Compliance
a. Accounting for Sales Tax
i. Tax Codes
ii. Invoice
iii. Credit Note / Debit Note
b. SST-02 Return & Payment
i. Supplement return
ii. Declaration – SST-02A
c. Fine & Penalty

(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:
Han (019 - 323 0507)
General (03 - 8082 3357)
Teo (011 - 3178 9203)
Logesh (012 - 503 0346)
Siti (012 - 383 8603)