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Thread: GST and you.

  1. #301
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    Quote Originally Posted by bslee View Post
    In current or modern times, we're subjected to all sorts of taxes. GST, Income tax, Excise tax, Business tax, Corporate tax, Cukai Pintu, Cukai Tanah. Zakat can be perceived as a tax but more of obligatory alms giving based on wealth in meaning. Fact is its not abnormal people could want to evade tax. It happen anywhere.

    In a mortal world death and taxes are guaranteed.
    " In the land of the blind the one-eyed-jack is king."

  2. #302
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    During one of the GST seminars I attended, we were told used car will be subject to 6% GST. Later I read in the news, supplier of new cars that are yet to be sold can claimed back sales tax and charge GST when it is sold. What happen to car purchased before 1st. April, 10% sales tax already paid, will there be additional 6 % GST when these cars are sold as used cars later?

  3. #303
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    As i understand if you are selling it privately there will be no gst for the buyer of your vehicle. However if it is sold to a used car say e.g. 50k and he subsequently sell it for 70k then the 20k difference is subject to the 6%. Whether the seller absorbs it or not depends on the market condition and looking at things now it does not look too rosy for them so invariably they would have to aborb the 6% instead of passing it on to the eventual buyer.

  4. #304
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    Quote Originally Posted by Henry T View Post
    In a mortal world death and taxes are guaranteed.
    Now your kin pay GST for funeral services and coffin too.

  5. #305
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    Quote Originally Posted by bslee View Post
    Now your kin pay GST for funeral services and coffin too.
    Please do not misinform.

    From the info I gather funeral service and paraphernalia are GST exempt.

    http://www.nbc.com.my/gst/exempt-supply-gst/

    This list is quite comprehensive:

    http://gst.customs.gov.my/en/rg/Site...2024112014.pdf
    " In the land of the blind the one-eyed-jack is king."

  6. #306
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    Quote Originally Posted by Henry T View Post
    Please do not misinform.
    From the info I gather funeral service and paraphernalia are GST exempt.
    http://www.nbc.com.my/gst/exempt-supply-gst/
    OK..thanks..I stand corrected.. I thought its still service and product rendered.

  7. #307
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    Quote Originally Posted by bslee View Post
    OK..thanks..I stand corrected.. I thought its still service and product rendered.
    If you buy iPhone 6 now you need to pay GST 6%.... if you buy the iPhone 6 made from paper to burn as offering, no need GST.... .... that's the hardware part.... for the services, it depends whether you burn as offering Prepaid or Post-paid SIM card....

  8. #308
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    Quote Originally Posted by Sentinel View Post
    If you buy iPhone 6 now you need to pay GST 6%.... if you buy the iPhone 6 made from paper to burn as offering, no need GST.... .... that's the hardware part.... for the services, it depends whether you burn as offering Prepaid or Post-paid SIM card....
    No need GST??!!

  9. #309
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    Has anyone come across anything that is cheaper after GST?

  10. #310
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    Quote Originally Posted by cskok8 View Post
    Has anyone come across anything that is cheaper after GST?
    According to the newspapers and advertisements - BMW
    As one grows older, one has to eat healthier. So, add more vegetables into the mix

  11. #311
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    The 6 series price drop is the steepest. So i think we all better go buy because we save more than 10k if I am not wrong. If we buy 5 we save even more

  12. #312
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    Quote Originally Posted by bibimbap View Post
    According to the newspapers and advertisements - BMW
    Yup..your PJ say pay Plotong plice, you get BeeEmmLupLiew qualrity mah!

  13. #313
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    Quote Originally Posted by cskok8 View Post
    Has anyone come across anything that is cheaper after GST?

    Mazda Miata MX5 2014 CBU model.... ex-Naza Motors Penang... take away sales tax and no GST! Naza is a bonded showroom... save RM20,000+ but that's because its a 2014 model, not the latest 2015 offering....

  14. #314
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    Its still on the other side of 200k i think

  15. #315
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    Quote Originally Posted by cml View Post
    Its still on the other side of 200k i think
    And it's best car for the Batu Ferringhi stretch to go downtown... and to do some driving all the way to Balik Pulau for durians...

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