Quality Dynamics Consultancy Sdn Bhd presents

Understanding Goods and Service Tax (GST) in Malaysia

(by Mr. P. Nadaraja )

objectives

    1.  Understanding GST in a concise and practical manner and how it differs
         from the present sales and service tax.
    2.  Appreciate the application of GST and how you can benefit.
    3.  Effectively restructure your organization in line with GST and
         maximize tax savings. 
    4.  Identify, understand and manage GST issues effectively.
    5.  How to cope with GST during the transitional period and avoid
         common pitfalls.
    6.  Appreciate the application of GST principles with practical examples.
 

program content

INTRODUCTION

Goods and Service Tax (GST) is a new tax system to be implemented in Malaysia to replace the current Sales Tax and Service Tax in line with the government policy of conforming with policies of AFTA.  The objective of the Seminar is to introduce to the participants to this new tax system which is expected to be introduced in 2011 so that companies can be prepared for its introduction without any delay and to maximize costs.

PROGRAM CONTENT

1.  Introduction
2.  Objective
3.  Meaning of Business and Supply
4.  Comparison of present Tax structure with GST
5.  Charge and scope of GST
6.  Types of Supply
        -  Standard rated supply
        -  Zero rated supply
        -  Exempt supply
7.  Transaction which are neither supply of goods nor services
8.  Input Tax and Output Tax
9.  Concept of Supply
        -  Place of supply
        -  Time of supply
        -  Value of supply
10. Computation of GST
        -  Liability to register
        -  Voluntary registration
        -  Group registration
        -  Branch registration
        -  Exemption from registration
11. Accounting for GST
        -  Taxable period
        -  Accounting basis
        -  Bad debt provision
        -  Tax invoice
        -  GST returns
        -  Input tax credit
        -  Input tax apportionment
        -  Deminis principle
12. Appeal System
        -  GST Appeal Tribunal
        -  Matters which cannot be appealed
13. Special Schemes
        -  Warehousing Scheme
        -  Approved Trader Scheme
        -  Contract Manufacturing
        -  Jewellers Scheme
        -  Flat Rate Scheme
14. GST Treatment by Sectors
    

methodology

The workshop will be interactive involving lectures, discussions,  question and answers, and preparing an action plan.

who must attend

Finance Directors, Managers, Accountants, Finance Executives, Administrators and any body who is operating a business in any field who are keen to know about GST and how it will affect them in business. 

investment fee / early bird by 07/06/2012

Standard: RM 1,180.00 / RM 1,065.00 per participant

Group discount: RM 1,130.00 / RM 995.00 per participant for a minimum of 2 participants from the same company

(Fee inclusive of Refreshment, Buffet Lunch, Training Bag, Handouts,  & Certificate of Completion)

registration & payment

PROGRAMS ARE CLAIMABLE UNDER SBL SCHEME

Please register online through www.qdc.com.my or call 03-78054587 / 03-78044196. Our phone line operation hours are from 8:30am to 6:00pm from Monday to Friday.

All registration MUST be accompanied with PAYMENT.

Completed registration form with CHEQUES should be made in favor of "Quality Dynamics Consultancy Sdn Bhd" and sent to:

QUALITY DYNAMICS CONSULTANCY SDN BHD
No. 343, Block A, Kelana Centre Point, No.3 Jalan SS7/19,
Kelana Jaya, 47301 Petaling Jaya,
Selangor, Malaysia.

Tel : 03-78054587 / 03-78044196
Fax: 03-78054514
E-mail: training@qdc.com.my
( Wani/ Thang )

PSMB Reg: 0938

(FEE PAID IS NOT REFUNDABLE but replacement may be made at no additional cost. Quality Dynamics Consultancy Sdn Bhd reserves the right to cancel or reschedule the above course and shall inform participants of the changes)

COURSE FACILITATOR - MR. P. NADARAJA