VAT news tagged as "Tax assessments"

Malaysia

Malaysia imposes GST assessments

October 4th, 2015

The Royal Malaysian Customs Department will start to raise Goods & Services Tax assessments on businesses which have failed to submit GST returns under the new indirect tax regime. Malaysia introduces GST 2015 Malaysia replaced its Goods and Services Taxes from 1 April 2015 with GST. The new regime facilitated much easier recovery of consumption …