Re: Malaysia GST Tax regulation

Hi Vishal,

We are following the same tax procedure with addition of NDT Condition with is ( Non Deductible Tax ) which get account the values in Expenditure according to tax law of Malaysia. Example tax code is

Purchase from non GST-registered supplier withno GST incurred. 0% Tax code : NR

Purchases with GST incurred but not claimable(Disallowance of Input Tax) (e.g. medicalexpenses for staff). 6% Tax code : BL

For your information.

Regards

Milind Joshi