Sales and Service Tax (SST) Penalties and Offences in Malaysia

Sales and Service Tax (SST) Penalties and Offences in Malaysia

SST late payment penalty on the amount of sale and service tax not paid is

• 10% on first 30 days periods
• 15% on second 30 days period
• 15% on third 30 days period
• Maximum penalty of 40% after 90 days

Sales Tax Evasion penalty on offences

First offence – either or both

• Fine with minimum 10 times Sales Tax amount and maximum 20 times Sales Tax amount
• Impresonment not exceeding 5 years

Second offence – either or both

• Fine with minimum 20 times Sales Tax amount and maximum 40 times Sales Tax amount
• Impresonment not exceeding 7 years

 
Compound by Customs shall not exceeding 50% of maximum fine.

Overview of Sales and Service Tax (SST) in Malaysia

• SST Deregistration Process
• SST Treatment in Designated Area and Special Area
• Malaysia Sales Tax 2018
• Malaysia Service Tax 2018
• How to Check SST Registration Status for A Business in Malaysia
• Sales and Service Tax (SST) Penalties and Offences in Malaysia
• Sales and Service Tax (SST) Registration in Malaysia
• Sales and Service Tax (SST) Return Submission and Payment
• Sales and Service Tax (SST) in Malaysia

Related Blog and News about SST in Malaysia

• Duty-Free Islands Will Still Be Taxed Under SST in Malaysia
• Service Sector Remain 6% from GST into SST in Malaysia
• SST Malaysia to Impose 5-10% Tax on Goods and 6% on Services
• 15 Items Exempted from Sales and Services Tax (SST)
• Malaysia SST Custom
• Transitioning from GST to SST in Malaysia
• Breaking Down the SST in Malaysia
• Customs Department Says Essential Items Will Not Be Taxed SST
• Malaysia’s GST vs SST – Knowing the Difference
• SST Takes Effect in Malaysia on Sept 1

Be Informed

Subscribe to our Mailing List for Latest Updates on the SST Malaysia – Sales and Service Tax 2018 by clicking the subscribe button below.