Malaysia legislation
Section 17
Section 17
(2)
Regulations made under this section may, where they require a tax invoice to be provided in connection with any description of sale, require it to be provided within a prescribed time after the sale is treated as taking place, and may allow for that time to be extended in accordance with general or special directions given by the
Comptroller.
(3)
Regulations made under this section may make special provisions for such sale by wholesalers or retailers of any taxable goods or of any description of taxable goods or of taxable services or any description of taxable services as may be determined by or under the regulations and, in particular—
(a)
for permitting the value which is to be taken as the value of the sales in any prescribed accounting period or part thereof to be determined, subject to any limitations or restrictions, by such method or one of such methods as may have been described in any notice in writing issued by the Comptroller in pursuance of the regulations and not withdrawn by a further notice in writing or as may be agreed with the Comptroller;
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(b)
for determining the proportion of the value of the sales which is to be attributed to any description of sales; and
(c)
for adjusting that value and proportion for periods comprising two or more prescribed accounting periods or parts thereof.
(4)
Regulations made under this section may make provision—
(a)
for the keeping of accounts in electronic form in a computer, for the making and submission of returns in accordance with section 24(1) by electronic transmission and for the verification of such returns and the making of declarations by such electronic means;
(b)
for treating State sales tax chargeable in one prescribed accounting period as chargeable in another such period;
(c)
with respect to the making of entries in accounts for the purpose of making adjustments, whether for the correction of errors or otherwise;
(d)
for the correction of errors including errors in electronic transmission and messages;
(e)
for requiring that State sales tax on the sale of taxable goods or taxable services to a person other than a taxable person be included in the price or other consideration for the supply quoted, advertised or published unless exempted under such regulations and subject to such conditions as the Comptroller may impose; and
(f)
for requiring taxable persons to display or indicate such information relating to the price of taxable goods or taxable services or the State sales tax chargeable and in such manner as may be provided in such regulations.
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(5)
Regulations made under this section may make different provisions for different circumstances and may provide for different dates as the commencement of prescribed accounting periods applicable to different persons.
Computer service