Service Tax on Customs Agent Services
Service Tax on Customs Agent Services
On 09 August 2022, RMCD issued a Guide on Customs Agent Services. Generally, this guide is to let us know about the service tax treatment on customs agent services.
Key takeaways:
You will understand 5W:
1. Who is Customs Agent?
2. What is the threshold for registration under Service Tax?
3. What types of services are subject to service tax?
4. What types of services are not subject to service tax?
5. What are the responsibilities of the registrant?
Who is “Customs Agent”?
Who acts on behalf of importers and exporters to carry out the business to relieve goods from customs control.
What is the threshold for registration under Service Tax?
·There is no threshold for Customs Agent.
All customs agent must apply for service tax registration within 14 days from the date of approval as a customs agent.
What types of services are subject to service tax?
1. Preparing or amending customs declaration
2. Presenting goods for customs declaration
3. Documentation
4. Handling / forwarding
5. Examination / attendance to examination
6. Sealing
7. Electronic Data Interchange (EDI)
8. Overtime (relating to clearance of goods only)
What types of services are not subject to service tax?
1. Haulage services
2. Services provided by shipping agents and freight forwarders
What are the responsibilities of the registrant?
1. Charge service tax on taxable services
2. Issue an invoice and receipt to customers
3. Submit SST-02 Form and pay service tax before the deadline
4. Keep proper record
Visit Us
Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru
KTP (Audit, Tax, Advisory)
An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients
Website www.ktp.com.my
Instagram https://bit.ly/3jZuZuI
Linkedin https://bit.ly/3sapf4l
Telegram http://bit.ly/3ptmlpn
THK (Secretarial, Bookkeeping, Payroll, Advisory)
A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsourcing bookkeeping, and payroll services to clients
Website www.thks.com.my
Facebook https://bit.ly/3nQ98rs
KTP Lifestyle
An internal community for our colleagues on work and leisure.
Tiktok http://bit.ly/3u9LR6Q
Youtube http://bit.ly/3ppmjyE
Facebook http://bit.ly/3ateoMz
Instagram https://bit.ly/3jZpKLo
KTP Career
An external job community on vacancies in Johor Bahru for interns, graduates & experienced candidates.
Instagram https://bit.ly/3u2PxHg
Facebook http://bit.ly/3rPxz9o