Dear E-SPIN vendors,
Kindly be informed with the Malaysia GST to SST – SST implementation , which is Sales & Service Tax (SST) by Malaysian government to replace Goods & Services Tax (GST) effective on coming 1/9/2018, in order to ensure smooth transaction process we are requesting your feedback on all items (products/services) supplied under your contract to determine which are taxable or exempted from SST.
Make sure for 1-Sep-2018 onward, all invoice and please provide information on Tariff Code and Tax Code to be used during SST implementation.
For taxable items kindly state the revised price and we may call for a further discussion and later followed by Variation Order via Supplementary Agreement for the changes to take effect (if required).
Following the Ministry of Finance (MoF) announcement to implement the Sales and Service Tax (“SST”) with effect from 1st September 2018, we are writing to inform you of resulting price adjustments to products and services.
E-SPIN Sdn Bhd (“E-SPIN Malaysia”) reserves the right to change the prices currently quoted which exclude any kind of taxes, duties or levy that may be applicable under the new legislation.
In compliance with the new tax regime, E-SPIN Malaysia will apply SST rules effective 1st September 2018. We may then take into account the aforesaid tax costs as part of our pricing adjustments.
Thank you for your continued support of E-SPIN Malaysia.
Special Remark: Above change notice is related to Malaysia vendors and customers do business with E-SPIN Malaysia only.