Introduction
GST is a multi stage consumption tax levied
on goods and services at all levels of business transactions. GST replaces the
current Sales Tax and Services Tax (SST).
Objectives
The main aim of the government in
introducing the GST is to make the tax system more effective, efficient,
transparent and business friendly. The Government will give businesses ample
time to prepare for GST implementation.
Course Syllabus
Module 1
Scope
Of GST
·
General operations of GST
·
Collection of GST
|
Module 2
Types
of Taxable Supply
·
Standard rated Supply
·
Zero rated Supply
·
Exempt Supply
·
Out of Scope Supply
|
Module 3
Scope
And Charges Of Gst
·
When will GST be Charge
·
When is GST not Charged
|
Module 4
Taxable Persons
·
Who is taxable
·
Who is not taxable
|
Module 5
Business
·
What is a business entity
·
When is there business
|
Module 6
Place
Of Supply
·
When is it supply in Malaysia
·
When is it considered exports
|
Module 7
Special Transactions
·
Consignment Sales
·
Joint Venture
·
Transfer of Going Concern
·
Voucher/Stamps/Token
·
Employee Benefits
·
Agents
·
Auctioneers
|
Module 8
Special Cases
·
Approved Trader Scheme
·
Approved Toll Manufacturer
Scheme
·
Approved Jeweller Scheme
·
Warehousing Scheme
·
Relief for second hand goods
a.
Tourist refund scheme
b.
Flat rate scheme
|
Module 9
Registration
·
Compulsory Registration
·
Notification of liability and
registration
·
Voluntary Registration
·
Group Registration
·
Deregistration
|
Module 10
Accounting,
Assessment And Recovery
·
Taxable Period
·
Accounting Basis
·
Tax Invoice
·
Debit and Credit Notes
·
Record Keeping and Filing for
GST returns
·
Input tax Credit
·
Input tax Apportionment
·
De-minis limit
·
Unpaid Tax
|
Module 11
Relief, Exemption, Refund and Remission
·
Refund of overpaid tax
·
Bad Debts
·
Relief for second-hand goods
·
Remission of Tax on Goods
lost
|
Module 12
Four Pillars for Good GST Practices
·
People
·
Record Keeping
·
Systems
·
Internal Controls
|
Course Timetable
2-Day
Time
|
1st Day
|
2nd Day
|
9.00 am
|
Scope Of GST (M1)
|
Special
Transactions (M7)
|
10.30 am
|
Tea Break
|
|
10.45 am
|
Types of Taxable Supply (M2)
|
Special Cases
(M8)
|
1.00 pm
|
Lunch
|
|
2.00 pm
|
Scope And Charges Of Gst (M3)
Taxable
Persons (M4)
|
Registration
(M9)
Accounting, Assessment And Recovery (M10)
|
3.30 pm
|
Tea Break
|
|
3.45 pm
|
Business (M5)
Place Of Supply (M6)
|
Relief,
Exemption, Refund and Remission (M11)
Four Pillars
for Good GST Practices
Registration
(M12)
|
5.00 pm
|
End
|
|
TRAINER PROFILE
MR T.SEELAN
C.A (M), FCCA, FFA
ACIA
specialises in designing and setting up of accounting,internal control and
operational systems as well as in performing operational audits. His clients
include those in the hospitality, education, manufacturing and service-based
industries.
His
working experience includes years at several public accounting firms, a leading
hotel in Langkawi and an established manufacturing organisation. He was also
attached to a large tax firm for three years. He also acts as a consultant for
a number of groups on financial issues.
Mr.
Seelan is also actively involved in the development and implementation of
financial and management training programs for various organizations. He has
trained accountants and financial advisors in Vietnam, Brunei, Rwanda and Uganda. These programs have produced
excellent feedback.
He
has trained personnel from numerous companies and the public sector, including,
Majlis Bandaraya Shah Alam, Permodalan Nasional Berhad, Institut Jantung
Negara, Tradewind Hotel Group, Bintulu Development Authority, Ritz Carlton
Hotel, Putrajaya IOI Resort, Majlis Perbadanan Sibu, Lembaga Urusan Tabung
Haji, Tenaga Cable Industries, Yeo Hiap Seng, Kobe Precision, Eon Finance,
International Islamic University, Petroliam Nasional Bhd, Progressive Insurance
Bhd, Subang Jaya Medical Centre, The MINT Hotel, KLIA Pan Pacific Hotel, Bank
Rakyat, Toshiba Electronics, UDA Holdings Bhd, Komag USA, Bank Industri &
Teknologi (M) Bhd, PPB Group and TH Plantations to name a few.
He
regularly conducts training for The Malaysian Institute of certified
Accountants and Brunei Institute of Certified Public Accountants
-
He is a Member of the Malaysian Institute
of Accountants,
-
Fellow member of the Chartered
Association of Certified Accountants,
-
The Institute of Financial Accountants
and
-
Member of the Institute of Commercial
Accountants
-
He has completed
the GST Consultant course conducted by the Customs Department of Malaysia
