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TITLE: Malaysian Investment Development Authority's (MIDA) Newsletters and Service Tax Related Matters

DATE: 13/03/2019

13 March 2019
Circular No. 30/2019

TO ALL ACCOUNTANTS

MALAYSIAN INVESTMENT DEVELOPMENT AUTHORITY'S (MIDA) NEWSLETTERS AND SERVICE TAX RELATED MATTERS

1. MALAYSIAN INVESTMENT DEVELOPMENT AUTHORITY (MIDA) NEWSLETTERS
  On 7 February 2019 and 7 March 2019, MIDA issued the newsletters with the following titles:
 
a) Ushering 2019 with the New Finance Bill 2018.

The said newsletter can be downloaded from the MIDA’s website at the link below:

http://www.mida.gov.my/home/administrator/system_files/modules/photo/uploads/20190207100143_MIDA%20Newsletter%20January%202019_v4_compressed.pdf
   
b) Malaysia's Industry 4.0 Readiness Assessment

The said newsletter can be downloaded from the MIDA’s website at the link below:

http://www.mida.gov.my/home/administrator/system_files/modules/photo/uploads/20190307174300_MIDA%20Newsletter%20February%202019.pdf
   
2. ROYAL MALAYSIAN CUSTOMS DEPARTMENT (RMCD) HAS PUBLISHED REVISED AND NEW INDUSTRY GUIDES
 
a) Customs Agent Services
The industry guide for Customs Agent Services as at 21 August 2018 has been withdrawn by the RMCD and replaced with the said Guide as at 5 March 2019. This Guide is prepared to assist you in understanding the service tax treatment on customs agent services.
b) Panduan Industri Perkhidmatan Penghantar Fret (only available in Malay language)
  This new guide is prepared to assist taxpayers in understanding the service tax treatment on the provision of freight forwarding services.

The two guides as mentioned above can be downloaded from the RMCD’s website at the link below:

https://mysst.customs.gov.my/IndustryGuides

Please be guided accordingly.

DR. NURMAZILAH DATO' MAHZAN
Chief Executive Officer

Description: MIDA Newsletter January 2019_v4_compressed
⇓ Download
Format: PDF
Size: 3.28 MB

Description: MIDA Newsletter February 2019
⇓ Download
Format: PDF
Size: 2.94 MB

Description: Guide on Custom Agent_05032019_V2
⇓ Download
Format: PDF
Size: 624 KB

Description: Panduan Perkhidmatan Penghantar Fret_050319
⇓ Download
Format: PDF
Size: 689 KB