Goods and Services Tax Act 2014 s 194
This legislation has been repealed. Do not cite it as law in force.
Where any contract for the supply of goods or services before the effective date provides for the retention of any part of the consideration by a person pending full and satisfactory performance of the contract, or any part of it, by the supplier, the retention payment in respect of any supply made on or after the effective date shall be chargeable to tax.
Bayaran tahanan
Jika apa-apa kontrak bagi pembekalan barang atau perkhidmatan sebelum tarikh efektif memperuntukkan bagi penahanan apa-apa bahagian balasan oleh seseorang sementara menunggu pelaksanaan kontrak itu secara sepenuhnya dan memuaskan, atau apa-apa bahagiannya, oleh pembekal, bayaran tahanan berkenaan dengan apa-apa pembekalan yang dibuat pada atau selepas tarikh efektif hendaklah dikenakan cukai.
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).