Malaysia Enacts Legislation for New Sales and Service Tax Regime

On 28 August 2018, Malaysia published in the Official Gazette the legislation for the formal repeal of the Goods and Services Tax (GST) and the reintroduction of the Sales and Services Tax (SST) ({News-2018-08-22/A/5-previous coverage}). The legislation received royal assent (was enacted) on 24 August and includes:

• The Goods and Services Tax (Repeal) Act 2018
• The Sales Tax Act 2018
• The Service Tax Act 2018
• The Customs (Amendment) Act 2018
• The Free Zones (Amendment) Act 2018

Also publi…