2 days informative and interactive workshop for

Finance and Non-Finance Personnel

28-29 January 2015 | 19-20 March | *29-30 April | Armada Hotel, Petaling Jaya
100% HRDF Claimable (In house/ Tailored courses are available)
GST Mandarin session (In house) is available -- *GST charge is applicable for events in April onwards
OVERVIEW
In the 2014 Budget, the Prime Minister of Malaysia has announced that Goods and Service Tax (GST) will be implemented
effective 1 April 2015. It is essential for all departments in an organisation to be aware about this tax system and to understand
how it affects their functions. This workshop uniquely adopts a multi-disciplinary approach towards the implementation of GST.
YOU WANT TO ATTEND THIS COURSE BECAUSE
The core objective of this course is to allow businesses to use GST to reduce costs and maximise profits without exploiting the
customers.
SUITABLE FOR

Company directors, General managers

Business owners, CFO, Financial Controllers, COO
Managers of procurement, product pricing, bookkeeping,
accounting, marketing, finance, legal, information
systems and, of course, taxation.

Tax Managers , Finance Managers and Executives

Costing, Procurement Department
COURSE OUTLINE

GST Tax consultants

Chartered Accountants, Advisors and Auditors
Company Secretaries and Business Consultants
Professionals and Staff involved in preparing for the
implementation of GST
Anyone who wants to learn about the Malaysian GST

Day 1: Malaysia GST

(based on proposed laws and guidelines issued by
Royal Customs of Malaysia)
1. Introduction

GST as a consumption tax

Comparison bet SST & GST

Rational for Implementing GST

Input tax and output tax mechanism

Scope of GST
2. Registration for GST

Taxable person and threshold determinations

Mandatory, Voluntarily registration

Transfer of Going Concern

Registration for
Individuals, sole proprietor and LLP
Group, Partnership, Branch, Exemption

Timing of Registrations

Liability to Register

Registration Cancellation

Responsibilities of a Registered Person

Deregistration

ITRAININGEXPERT GLOBAL PLT (LLP 0000201- LGN)

Corporate Admin Headquarters: No 9, Jalan BK 8A/2, Bandar Kinrara, 47180 Puchong Selangor, Malaysia
Tel: +603-8074 9056 |
Fax: +603-8082 4164
Email: info@itrainingexpert.com
Website: www.iTrainingExpert.com

3. Scope and Charge

Scope of GST

Type of supply: standard & zero rated supplies

Non-Taxable supply: exempt supplies, disregarded supplies, out of scope

Deem supplies

Mixed and Composite Supply

Basic Tax Point, Actual Tax Point and the 21 days invoicing rule
4. Input Tax Credit (ITC) Claims

Allowable input tax to claim- Attribute & Apportionment concept

Residual Input Tax

Blocked input tax

Deminis Principle for Residual Input Tax Credit Claims

Input Tax for Incidental Exempt Supplies

Input Tax repayment for non-payment made to suppliers

Input Tax Adjustment

Bad debt relief

7. Special schemes

Warehousing Scheme
Approved Trader Scheme
Approved Toll Manufacturer Scheme

8. Business Impact on Various Departments . GST Effects on

HR (e.g. Staff Benefits and Gift Rules

Taxable and Exempt supplies on staff / employee matters)

Procurement/ Marketing/ Business Development/ Legal/ IT System/ Risk Management
9. Offences & Penalties
Late Registration
Non/ Late submission of GST return
Non/ Late payment of Tax
Submission of incorrect GST return
Failure to keep proper records
Day 2
10. GST - Special Schemes
Approved Trader Scheme (ATS)
Approved Toll Manufacturer Scheme (ATMS)
Approved Jeweller Scheme (AJS)
Warehousing Scheme (WS)
Second-Hand Goods (Margin Scheme) Special Rules and Relief
Tourist Refund Scheme (TRS)
Flat Rate Scheme (FRS)
Vouchers, Stamps and Tokens
Employee Benefits
Agents and Auctioneers
Supply of workers from overseas foreign workers and foreign consultants
Directly employed
Sub-contracted from supplier

ITRAININGEXPERT GLOBAL PLT (LLP 0000201- LGN)

Corporate Admin Headquarters: No 9, Jalan BK 8A/2, Bandar Kinrara, 47180 Puchong Selangor, Malaysia
Tel: +603-8074 9056 |
Fax: +603-8082 4164
Email: info@itrainingexpert.com
Website: www.iTrainingExpert.com

11. Accounting: Tax Invoice and Keeping GST Records

Tax Invoice- Issuance of tax invoice
Content of a full tax invoices
Simplified tax invoice
Deemed tax invoice self billed invoices, invoices by auctioneer
Cash register rolls
Non Issuance of tax invoice instances where a tax invoice shall not be issued
Tax invoice for mixed supplies
Dealing with imports
Tax invoice and Imported goods and services, and reverse charge mechanism
Credit Note and Debit Note, Dealing with Bad Debts and Adjustments
Record Keeping

Records relating to registration/ business activities/ accounting

Sales & Service Tax record keeping in GST regime

Records on GST Bad Debts Relief claim

Accounting Basis
Invoice basis (accrual)/ Payment basis
12. Transition rules

Effect of Sales Tax after repeal.

Special Refund

Effect of long term non-reviewable contracts

Supplies span before and after GST implementation

Progressive, Periodic supplies

13.Filing GST Returns
Requirements of GST Returns GST- 03
Understanding GST accounting software for production of correct figures for GST-03
The importance of getting tax codes right when making accounting entries a major pitfall
The GAF file (GST Audit File) understanding its significance in GST audits
Types of GST audit and periods covered
Responsibilities of a taxable person
14. Key considerations for GST Implementation

Reporting for GST and IT system considerations

Internal GST implementation committee

METHODOLOGY
Interactive input, case study, group assessment, Question and Answer.
COURSE LEADERS (ONE OF THESE KEY PANEL GST TAX CONSULTANT WILL CONDUCT THE COURSE)
RAYMOND ONG
Certified GST Tax Agent, MBA
Member of the International Accountants (UK)
Member of Chartered Tax Institute of Malaysia
For the past 15 years, Raymond has been actively involved in tax compliance and consultancy work for both corporate tax and
indirect tax. His experience includes conducting tax training, indirect tax planning and advisory for local and multi-national
companies. Currently, Raymond is involved extensively in practical GST implementation projects and consultancy in Malaysia.

After completing the extensive GST course organized by the Royal Malaysia Customs for Tax agents in 2010, he has been
registered as an approved as a GST Tax consultant. Since then, he is involved preparing a multi-national company for GST
compliance. He has also attended numerous GST trainings by international speakers and Tax experts to keep abreast with the
latest issues. Raymond also conducts in-house GST workshop for Malaysia companies from diverse industries in Malay, English
and Mandarin.
ITRAININGEXPERT GLOBAL PLT (LLP 0000201- LGN)
Corporate Admin Headquarters: No 9, Jalan BK 8A/2, Bandar Kinrara, 47180 Puchong Selangor, Malaysia
Tel: +603-8074 9056 |
Fax: +603-8082 4164
Email: info@itrainingexpert.com
Website: www.iTrainingExpert.com

OR
JAMES NG, Certified GST Tax Agent, Chartered Accountant, CPA
James Ng is project director of GST preparation projects in multi-million companies and SME in Malaysia. He is Charted Accountant
(MIA, CPA) coupled with 28 years in various capacities in one of the largest oil and gas companies, which including Head of Risk
Management, Finance Manager and Senior Internal Auditor.
James is a certified GST Tax Agent, and trained by the Royal Malaysian Customs Department (RMCD). He has complete
understanding not only of the Malaysian GST but also of RMCDs policies and procedures. He has extensive hands-on knowledge
and experience in GST implementation. He also shares his practical experience with others during trainings and talks in both
English and Malay.
OR
MR MOHD NOOR , Chartered Accountant (M)
MBA(UKM),CPA (M ),FCTIM,FCCS,CFP.
Md Noor comes with 30+ years of experience as an accountant. His firm provides Auditing services and Business advisory in
the area of financial management, corporate exercise and tax planning. He is the Chief Executive Partner of Messer IMRAN
Chartered Accountant. He has also audited companies carrying the business in housing development, construction,
manufacturing and hospitality.
Since 1990, he has been speaking at training and seminars on Financial Management, Working Capital Management,
Business Turnaround, Taxation, Marketing and Business Strategy. He has delivered trainings and talks organised by
UMCeed, MIA, MICPA, MIM, SME Bank, PNS, MATRADE and other government bodies. He also provides Business Coaching
to his SME clients.
Mohd Noor is an approved GST Tax Agent by the Royal Custom and Excise Department. He completed the GST Agent
Course in 2012. Currently he is a member of GST working committee of MICPA and MATA. He is also a member of taxation
committee with the MIA. He is also conducting various GST trainings for his clients in preparing them for the
implementation of the GST in 2015.
In summary, Mohd Noor's professional involvement includes:

Malaysian Institute of Accountants (MIA)

Malaysian Institute of Certified Public Accountants (MICPA)

Chartered Taxation Institute of Malaysian (CTIM)

Malaysian Association of Tax Accountants (MATA)

INVESTMENT
Normal Fee : RM 1990.00 per pax
Early Bird fee: RM *1790.00 per pax (*Payment 14 days before the course commence)
Group Registration fee: RM 1690.00 per pax for a minimum of 3 participants register together.
(Fee inclusive of Buffet Lunch, Refreshment, Training Materials, Certificate of Achievement)
Effective 1 April 2015, an additional 6% GST is applicable.
Consultancy for GST Implementation is also available.
REGISTRATION
Download Registration from: http://www.itrainingexpert.com/Registration-Form/
Registration Online: http://www.itrainingexpert.com/course/24/GST--Goods-and-Services-Tax.html
This Training Programme is SBL Claimable *Subject to PSMB conditions.
We Are An Approved Training Provider Under SBL Scheme With Pembangunan Sumber Manusia Berhad (PSMB/HRDF).
All registrations MUST be accompanied with PAYMENT 14 days after the issuance of invoice or fully paid before the
event.

ITRAININGEXPERT GLOBAL PLT (LLP 0000201- LGN)

Corporate Admin Headquarters: No 9, Jalan BK 8A/2, Bandar Kinrara, 47180 Puchong Selangor, Malaysia
Tel: +603-8074 9056 |
Fax: +603-8082 4164
Email: info@itrainingexpert.com
Website: www.iTrainingExpert.com