Malaysia legislation
Section 22
Section 22
(2)
A person shall not cease to be liable to be registered by virtue of subsection (1) where the Director General is satisfied that the reason the value of all his taxable supplies will not exceed the amount of taxable supply specified under subsection 20(1)
is that in the period in question he will cease making taxable supplies, or will suspend making them for a period of thirty days or more.
(3)
In determining the value of any person’s supplies for the purposes of subsection (1), the following supplies shall be excluded:
(a)
supplies of goods that are capital assets of the business in the course or furtherance of which they are supplied or to be supplied;
(b)
supplies of imported services;
(c)
supplies made in accordance with the Warehousing Scheme under section 70;
(d)
supplies made by a person who belongs in a country other than Malaysia or a recipient, in accordance with the Approved Toll Manufacturer Scheme under section 72; or
Act 762 BI Teks 1.indd 36 6/19/14 5:56:11 PM
Goods and Services Tax 37
(e)
supplies made within or between designated areas under section 155 except where such supply is subject to an order under subsection 160(1).
Direction to treat persons as a single taxable person