Section 9
Determination of sale value of taxable goods
(a)
sold by a taxable person; or
(b)
manufactured by a taxable person and—
(i)
used by him otherwise than as materials in the manufacture of the taxable goods; or
20 Laws of Malaysia ACT 806
(ii)
disposed of by him otherwise than by sale, the sale value of such taxable goods shall be determined in accordance with the regulations made under this Act.
(2)
In the case of taxable goods imported into Malaysia, the value of the taxable goods shall be the sum of the following amounts:
(a)
the value of such taxable goods for the purpose of customs duty as determined in accordance with the Customs Act 1967;
(b)
the amount of customs duty, if any, paid or to be paid on such taxable goods; and
(c)
the amount of excise duty, if any, paid or to be paid on such taxable goods.
(3)
Where any manufacturer receives taxable goods from any person to be manufactured and subsequently returns the goods so manufactured to such person, the sale value of the goods so manufactured shall, subject to approval of the Director General, be the amount that the manufacturer charges for work performed by him.