QUESTION 4 Two situations are given below. Situation 1 DIY Sdn Bhd is a Malaysian tax resident company. DIY is involved in manufacturing bricks. DIY needs to know regarding sales tax implications in...


QUESTION 4<br>Two situations are given below.<br>Situation 1<br>DIY Sdn Bhd is a Malaysian tax resident company. DIY is involved in manufacturing<br>bricks. DIY needs to know regarding sales tax implications in the manufacturing<br>business.<br>The company plans to import special high-grade stones and carry out a change in the<br>nature and quality of the materials by glazing them before sale.<br>DIY's current sales is RM350,000 and is projected to be around RM400,000 for the<br>next few years<br>a(i) Explain whether DIY Sdn Bhd activities will fall within the scope of manufacturing<br>activities for sales tax purposes.<br>a(ii) Discuss on the sales tax registration requirement and advice whether DIY need to be<br>registered.<br>6<br>

Extracted text: QUESTION 4 Two situations are given below. Situation 1 DIY Sdn Bhd is a Malaysian tax resident company. DIY is involved in manufacturing bricks. DIY needs to know regarding sales tax implications in the manufacturing business. The company plans to import special high-grade stones and carry out a change in the nature and quality of the materials by glazing them before sale. DIY's current sales is RM350,000 and is projected to be around RM400,000 for the next few years a(i) Explain whether DIY Sdn Bhd activities will fall within the scope of manufacturing activities for sales tax purposes. a(ii) Discuss on the sales tax registration requirement and advice whether DIY need to be registered. 6

Jun 10, 2022
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