Malaysia legislation
Section 11
Section 11
(2)
Notwithstanding subsection (1)—
(a)
the Minister may determine different time for sales tax to be due in respect of petroleum subject to such conditions as the
Minister deems fit; and
(b)
where any sale of taxable goods is made by any person, who is a taxable person under this Act, within the period beginning from 1 June 2018 and ending immediately before the effective date, and the taxable goods are delivered on or after the effective date—
(i)
the sale of such taxable goods shall be deemed to have been made on the date such taxable goods are delivered notwithstanding any payment, wholly or partly, is received or invoice is issued, for such taxable goods during such period;
(ii)
any payment received within such period or on or after the effective date, or invoice issued within such period,
22 Laws of Malaysia ACT 806
shall be deemed to have been received or issued on the date such taxable goods are delivered; and
(iii)
sales tax shall be charged and levied on such taxable goods and shall become due on the date such taxable goods are delivered.
(3)
Where the taxable goods referred to in subparagraph (2)(b) are petroleum, the sales tax in respect of such petroleum shall be due at the time as determined under subparagraph (2)(a).
(4)
Where any registered manufacturer who ceases to carry on business as a manufacturer is succeeded in such business by another person who—
(a)
purchases from the registered manufacturer any stock of taxable goods which is on hand at the date of cessation; or
(b)
acquires any stock of taxable goods as a trustee, receiver, liquidator, donee, or beneficiary of such registered manufacturer, no sales tax shall be due on such purchase or acquisition.
PART IIIA
IMPOSITION OF SALES TAX ON LOW VALUE GOODS
Interpretation