- Malaysia Customs Department posted a guide on sales tax exemption for approved businesses
- Exemption applies to manufacturing, hauling, hotel operations, and aerospace maintenance
- Guide covers definitions, conditions for exemption, application procedures, recovery of sales tax, penalties for evasion, reporting requirements, and termination procedures
- Guide includes various forms for reference
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
