Goods & Services Tax (GST)
Effective from 1st April 2015 in line with the announcement made by the Malaysian government, Goods & Servicse Tax (GST) will be in place to replace the existing Sales & Service Tax. Under Goods and Service Tax Act 2014, a registered business shall charge GST on all taxable supplies of goods and services in Malaysia except those specifically categorized as zero-rated or exempt supply.
Eightdesigns Sdn Bhd is registered under the Royal Malaysian Customs Department, thus as part of this exercise we would like to inform that we have registered for GST (CBP No 001007157248) as required under Malaysia’s Goods and Service Act 2014 (Act 762).
We are happy to declare that we will ABSORB all GST costs. This means that we will not increase the prices of our product. However due to GST requirements, the GST calculation will still appear in your invoices.
International buyers are NOT subject to GST.
For more information on GST, please log on the Royal Malaysian Customs Department’s website at www.gst.customs.gov.my. If you have any inquiries relating to the above, please contact us at email@example.com.