- When is the implementation of Sales and Service Tax (SST)?
The Ministry of Finance (MoF) announced that Sales and Service Tax (SST) which administered by the Royal Malaysian Customs Department (RMCD) will come into effect in Malaysia on 1 September 2018. Service tax is imposed on specific prescribed services provided by a taxable person in the course or furtherance of business in Malaysia. More info about SST can be found at https://mysst.customs.gov.my.
2. What are the Omnimatics services that are subjected to 6% SST?
All Omnimatics subscription services, installation charges and trip charges are subjected to 6% SST, however, physical goods such as devices, merchandise and cables are not subjected to 6% SST.
3. When will I be taxed with 6% SST?
All Omni Fleet subscription service will be subjected to 6& SST starting 1 February 2020.