Notice Regarding GST Price Displays
30 May 2018 – The Royal Malaysian Customs Department (RMCD) is issued a notice regarding the change in GST rate. This notice provides customers with the guidelines about the price tag changes which began on the 1st of June 2018 when the GST rate was zeroed out.
Key highlights to take note of in the notice include the following:
- Any GST registered person(s) will be given until 1 July 2018 to update their price tags to exclude GST inclusion.
- Any GST registered person(s) must prominently display a notice on their premise that price tags no longer include GST charges (GST 0%).
- GST registered person(s) who have obtained approval from the Director General to exclusively charge GST will not be required to alter their price tag displays. GST should not be charged to customers.
For more information regarding the updates and changes in GST, this and other information related to the notice is available for viewing on the RMCD’s website at the following link:
http://gst.customs.gov.my/en/rg/SiteAssets/NOTIS_TAP30-5-2018.pdf