Malaysia legislation

Section 39

of GOODS AND SERVICES TAX ACT 2014

Section 39

(a)

any taxable supply, including a taxable supply which is disregarded under this Act;

(b)

any supply made outside Malaysia which would be a taxable supply if made in Malaysia; or

(c)

any other supply as may be prescribed.

Act 762 BI Teks 1.indd 55 6/19/14 5:56:13 PM

Act 762

(2)

Input tax attributable to any exempt supply shall be treated as input tax attributable to a taxable supply—

(a)

where the value of all exempt supplies would be less than the prescribed amount and less than the prescribed proportion of the total value of all supplies; or

(b)

in other prescribed circumstances.

Taxable period

Read in full context — GOODS AND SERVICES TAX ACT 2014 →