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GST with GST Certification

MSB was in the first batch to obtain GST Certification from Royal Custom Department of Malaysia that the GST add-on functions by MSB on Microsoft Dynamic AX is GST compliant & is approved for Malaysia implementation of GST on 1st April 2015  to replace current Sales and Service Tax.

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During the  implementation process, our Financial consultants have the opportunity to work with many Tax Consultants appointed by our Clients to gain further skill & knowledge on Malaysia GST on :-

  • Understand the mechanism of GST in Malaysia as compared to Sales and Services Tax.

  • Understand on the scope of charge for GST in Malaysia and supply that subjected to GST.

  • Various types of supply and their GST treatment.

  • The important of time of supply, place of supply and value of supply that impact to GST declaration.

  • Understanding of input tax credit, blocked input tax and input tax claim on bad debts.

  • Declaration of GST return.

  • GST treatment on different industries and various schemes available

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Alongside the GST add-on functions by MSB has included:-

  • Able to generate a GAF ( GST audit file)

  • Ability to generate invoice in accordance to GST legislation

  • Function to generate audit trails to re construct events when needed

  • Function to generate income tax return easily

  • Manage the tax claim on bad debts

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