Charge to tax
Subject to this Act, sales tax shall be charged and levied on all taxable goods— (a) manufactured in Malaysia, or acquired under section 9, by taxable person and sold, used or disposed of by him, otherwise than by sale or disposal to a licensed manufacturer authorized by the Director General to acquire such goods without payment of tax; (b) imported into Malaysia by any person for home consumption.
Determination of sale value
(1) In the case of goods— (a) sold by a taxable person; or (b) manufactured or acquired under section 9 by a taxable person and— (i) used by him otherwise than as materials in the manufacture of taxable goods; or (ii) disposed of by him otherwise than by sale, the sale value of such goods shall be determined in accordance with regulations made under this Act. (2) In the case of goods imported into Malaysia for home consumption, the sale value of the goods shall be the sum of the following amounts, namely— (a) the value of such goods for the purpose of customs duty determined in accordance with the Customs Act 1967; (b) the amount of customs duty, if any, payable on such goods; and (c) the amount of excise duty, if any, payable on such goods. (3) Where goods are manufactured on behalf of any supplier of taxable goods from taxable goods supplied by him and the goods so manufactured are returned to the supplier of the taxable goods, then the sale value of the goods so manufactured may, subject to approval of the Director General, be the amount that the manufacturer charges for work performed by him.
Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Text as at 1 November 2012 (LOM reprint); amendments made after that date may not be incorporated. Read the official text ↗
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).