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Malaysian GST Courses

For more information please contact Ms. Kavitha / Ms. Nurul at [email protected] / [email protected] or call 03-6201 7708.!

Malaysian International Chamber of Commerce and Industry (MICCI) Block C-08-8, Plaza Mont’ Kiara, No.2 Jalan Kiara, Mont’ Kiara, 50480 Kuala Lumpur

The Malaysian Government has announced the Goods and Services Tax (GST) as a component of the overall tax regime in Malaysia. As the implementation date of the GST is 1 April 2015, the Government has called on businesses to be GST ready.!With relevance to this, MICCI and the Malaysian Export Academy (MEXPA) is pleased to offer the following GST courses both for public and in-house programmes.

Malaysian GST Mechanism and Treatment for the Service Industry 7 & 8 July 2014 !Malaysian GST and Its Impact on the Hotel and Tourism Industry 7 & 8 July 2014 !Understanding GST and Its Impact on Your Business 9 & 10 July 2014 !

GST in Malaysia and Its Impact on the Manufacturing Industry 10 & 11 July 2014 !Essential Management of GST System Changes 16 & 17 July 2014 !Impact of GST on the Logistics and Forwarding Industry 17 & 18 July 2014 !!!!

COURSES

Kindly download the complete brochure for registration details…

mailto:[email protected]




INTRODUCTIONGST–a multi stage consumption tax to be levied on goods and services at all levels of business transactions. It will replace the current Sales Tax and Government Service Tax schedule to take place with effect from April 2015, with the bill schedule to go to Parliament in the next sitting to become law.

The impact can be extensive to businesses and the solution is that we must be better prepare for its implementation and requirements. Taxable person is expected to start to file in their registration by the middle of this year.

LEARNING OBJECTIVES• Help to understand the basic mechanisms of GST• Better prepared for the implementation to minimized the

risk • Appreciate the concept on how GST will be implemented• Understand the various schemes available for GST

LEARNING BENEFITS ENHANCING your skill and readiness for the

implementation with effect from April 2015 INCREASE your understanding in the concept of and

the mechanism of implementation of GST MASTER and APPRECIATE the transition period

management from now till implementation date. STRENGTHEN your knowledge on the positive and

negative effect on the market prices after GST’s implementation.

TIPPING POINT and SYMBIOSIS APPROACH of working with all stakeholders in the management of the GST implementation

LEARN the End In Mind First philosophy to improve and integrate the Thinking into Management and Actions.

WHO SHOULD ATTEND? Service Providers Directors, CEO, COO, General Managers, Managers and

Executives CFO, Treasurers, Financial Controllers, Accountants Planners and Lecturers Entrepreneurs AND those aspire to be aware of GST mechanism and

its effect on the prices after implementation.

WORKSHOP CONTENT Introductioni. Mechanism and imposition of GST.ii. Elimination of Sales Tax Act 1972 and Service Tax 1975.iii. GST Input and Output Taxiv. Taxable person and treshold determinations Registrationi. Mandatory and Voluntarily registrationii. Timing of Registrations

iii. Registration for:- Individuals, Sole proprietors, and Limited Liability Companies- Group, partnership, branch.

iv. Pre-operationg period and new project start up registration

v. Registration Cancellationvi. Responsibilities of a Registered Person.

Output Tax.• Type of supply, Rates: (standard & zero rated

supplies, exempt supplies, disregarded supplies)• Place, Time, Value of supply• Services provide free• Basic Tax Point, Actual Tax Point and the 21 days

invoicing rule.• Bad Debt Relief

Input Tax Credit Claims• Allowable input tax to claim – Attribute and

Apportionment concept• Residual input tax.• Blocked input tax• The Di Minimis Rule for Residual Input Tax Credit

claims.• Input Tax for Incidental Exempt Supplies• Input Tax repayment for non payment made to

suppliers

Transition rulesi. Effect of Service Tax after repeal.ii. Special Refundiii. Effect of long term non-reviewable contracts iv. Supplies span before and after GST implementationv. Progressive, Periodic supplies and Supplies for Life

Time

GST – Services Related Matters• Import and Exports of services• Self-Recipient Accounting for importation of

services• Treatment of Disbursements• GST on Services provided to Designated Areas,

FCZs, LMW, FIZ• Fixed Assets purchased under HP and Leasing• Staff Benefits and Gift Rules• Taxable and Exempt supplies on staff / employee

matters

Accountingi. Tax Invoices ii. Content of a full tax invoicesiii. Accounting treatment of deem suppliesiv. Debit and credit notesv. Record Keeping – Electronic, Manual and From Manual to Electronic AND Taxable period

Malaysian InternaMonal Chamber of Commerce & IndustryAnd

Malaysian Export Academy(PSMB Registered Class A -‐ Training Provider No. 1804)

Malaysian GST Mechanism and Treatment for the Service Industry7 & 8 July 2014 (Mon & Tues), 09:00 am to 05:00 pm, DorseN Grand, Subang Jaya

Claimable under HRDF - SBL SchemeCertificate of attendance awarded f those who complete the course

vi. Self-Recipient Accounting (SRA) – toll manufacturer drop shipment, vii. GST returns and Tax payment – monthly, quarterly.viii. Foreign currencies conversionix. Accrual/Invoicing Vs. Cash/Payment concept of Accounting for GSTx. Financial Year / Tax yearxi. Accounting Software requirements xii. Recommended Tax codes for input and output taxxiii. GST Audit file

Moving Forward – What should you DO from now

METHODOLOGYParticipant will attend two days of lectures and interaction with the facilitator.

TRAINER’S PROFILETan Kok Tee, was a Fellow member of the Association of International Accountants (FAIA), UK) and has a MBA- Finance from Charles Sturt University, Australia and a Gold Mastery Holder in Reinventing Strategic Planning and Management – The System Thinking Approach from Haines Centre from Strategic Management, USA sponsor by University of San Diego, USA.

He is also a Certified Trainer with PMSB’s Train The Trainer Certificate, a life member with Malaysian Institute of Directors.

Tan Kok Tee has got about 40 years of working experience at Financial, Strategic and General Management level. He has worked and been involved in numerous industries, including manufacturing, marketing and distribution, casino and services including Parking Operations. He has held a variety of leadership and senior management roles in various organizations, the last being Group Chief Executive Officer.

Other positions in the past included Chief Financial Officer,

Group Assets Management Manager, Business Process Management Consultant, General Manager and Senior General Manager in numerous companies along the way of his career in multinationals, local public listed companies as well as entrepreneur managed organizations.

Tan Kok Tee has facilitated and conducted various training workshops since 2009 for both in house as well as public including from Malaysian Institute of Accountants and Chinese Chamber of Commerce.

Mr. Tan has also developed an Entrepreneurship program specially for MBA students from GC University, Pakistan (one of the oldest University in Pakistan) in collaboration with Sunway Education Group and is now running into its 5th year. He was also an assessor for the UTAR’s NGO strategic planning program and an inviting speaker for the Asian Financial Controller’s congress in 2009, 2010 & 2011.

Mr. Tan has also completed a 10 days program conducted by the Royal Custom of Malaysia for GST Consultants.

COURSE FEESRM 1,350.00 per person for 2 days inclusive of lunch, tea breaks, course materials and certificate – SBL Claimable* Muslim participants will be given 2 meal coupons each during the month of Ramadhan

CONTACT PERSONMalaysian International Chamber of Commerce & IndustryC-8-8, 8th Floor, Block C, Plaza Mont Kiara, No. 2 Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur, Tel : 03 6201 7708Fax: 03 6201 7705 Email : [email protected] / [email protected] Contact Person : Kavitha / Nurul

Malaysian GST Mechanism and Treatment for the Service Industry7 & 8 July 2014 (Mon & Tues), 09:00 am to 05:00 pm, DorseN Grand, Subang Jaya

Registra3on Form – Fax to 03 6201 7705 (A4n : Kavitha / Nurul)

Name Designation Handphone no.

1. ______________________________________________ ______________________________________ ___________________________

2. ______________________________________________ ______________________________________ ___________________________

3. ______________________________________________ ______________________________________ ___________________________

Company/Organization:__________________________________________________________________________________________

Nature of Business: _______________________________________________________________________________________________

Address: ___________________________________________________________________________________________________________

______________________________________________________________________________________________________________________

Telephone: ___________________________________________________ Fax: ______________________________________________

Email: ___________________________________________________ Contact Person: _______________________________________



Malaysian International Chamber of Commerce & IndustryAnd

Malaysian Export Academy(PSMB Registered Class A - Training Provider No. 1804)

presents

Malaysian GST and Its Impact on Hotel and Tourism Industry

7 & 8 July 2014, Mon and Tues, Eastin Hotel, Petaling JayaSBL Claimable under HRDF

Certificate of attendance awarded for those who complete the course

OBJECTIVEThis workshop is designed to provide participants from a specific company/industry with a firm grounding of GST concepts and real life examples to build up their practical knowledge and analysis of GST obligations. It is also designed to equip participants with the necessary skills and knowledge to effectively understand and apply GST concepts into their area of work.This workshop will also cover GST for specific industries. In this case it will be customized for Hotel and Tourism industry.

WHO SHOULD ATTEND?Directors, CEOs, Finance Managers, Financial Controllers, Accountants, Accounts and Finance Executives, Marketing and Sales Personnel etc

KEY CONTENTDAY ONE1. Overview of GST • What is GST?• How does GST works?• Rationale for GST• The mechanism of GST

2. Scope and Charge Taxable supply

- Standard Rated Supply- Zero Rated Supply

Non-taxable supply- Exempt Supply- Out of Scope Supply

3. Place of Supply Place of Supply Time of Supply Value of Supply

4. Principle of Computation Value of GST Value of supply Value for imported goods & services

5. Input Tax, Output Tax and Credit Mechanism The Conditions Partial Exempt Entities De-minimis Rule Input Tax Recovery Methodology

6. Accounting for GST – Computation of GST Taxable period Accounting basis Payment basis Computation of GST return

7. Tax invoice & record keeping Full tax invoices Simplified Tax Invoice Self-billed invoice Bad debt relief claim Keeping records

CASE STUDY

8. Register for GST Who must register? Working out your GST turnover How to register? What does being registered for GST mean?

DAY TWO

9. Penalties and Recovering action Late registration Non/Late submission of GST return Non/Late payment of tax Submission of incorrect GST return Failure to keep proper records

10. GST for your Industry Hotel

Treatment on deposit Treatment on free gifts Treatment on complimentary rooms

Tourism Tourist refund scheme Refund mechanism Eligibility for TRS outlet

11. Review Special Schemes Approved Trader Schemes Approved Toll Manufacturer Schemes Warehousing Schemes

12. Audit & Assessment Types of audit Method of Assessment GST rulings

13. GST Forms Types of forms

14. Transitional issues Warranty Retention payment Special refund Periodic and progressive supplies

CASE STUDY

15. Business Impact Awareness Finance & Admin Procurement Sales & Marketing Business Efficiency Accountability Information Technology

TRAINER’S PROFILEJacob Sivakumar is a professional with an MBA in General Management from Victoria University, Switzerland, and has over 21 years of experience in finance, strategic, accounting, administration and operations. Jacob has strong technical knowledge and management skills obtained through experience in working at different multinational industries, namely construction and telecommunications. Jacob has held a variety of leadership and senior management roles in various organizations. His last position was as the Asia Pacific Financial Controller at Telmar Network Technology, a wholly-owned subsidiary of Jabil Inc USA, which is a public-listed company at the New York Stock Exchange and listed as a “Fortune-500” company.

During his tenure as an accountant, finance manager and APAC Finance Controller, Jacob had vast exposure and experience with the Royal Malaysian Customs. As early as 1997 he attended trainings on Sales Tax and Service Tax that was conducted by the Customs Department. He has also recently attended a number of courses on GST organized by the Royal Malaysian Customs.

Jacob is currently the Principal Manager at RW William Consulting specializing in GST. He is actively involved in numerous GST implementations for large and small

enterprises. He has also been to Taiwan, India, Pakistan, China, Indonesia, France, Netherlands and USA in his capacity as APAC Financial Controller in a leading multinational company, and is well versed in VAT matters of the respective countries.

Jacob has conducted various public seminars and in-house training programmes on GST mechanism and implementation for public listed companies, such as Kian Joo Can Factory, Johnson Suisse and Aik Joo Can factory (Can One Berhad). Having a distinguished career as a Certified Accounting & Financial Manager for many years, Jacob was duly recognised and awarded a Fellowship by The Cambridge Association of Managers, which is a professional association in the United Kingdom. Jacob is also a Certified Trainer with Pembangunan Sumber Malaysia Berhad (PSMB), which is a government agency directly under the Ministry of Human Resources, Malaysia.

COURSE FEES RM 1,350.00 per person for 2 days –SBL Claimable (includes Lunch, Tea-Breaks, Course Notes and Certificate of Completion)

RM 850 per person for the 8 July only (one day)

CONTACT PERSONMalaysian International Chamber of Commerce & Industry C-8-8, 8th Floor, Block C, Plaza Mont Kiara, No. 2 Jalan Kiara, Mont Kiara, 50480 Kuala LumpurTel: 03 6201 7708 / Fax: 03 6201 7705 Email : [email protected] / [email protected] Contact Person : Kavitha / Nurul

Malaysian GST and Its Impact on Hotel and Tourism Industry7 & 8 July 2014, Mon and Tues, Eastin Hotel, Petaling Jaya



1. _________________________________________________ __________________________________________ ___________________________

2. _________________________________________________ __________________________________________ ___________________________

3. _________________________________________________ __________________________________________ ___________________________

Company/Organization:_________________________________________________________________________________________________

Nature of Business: ______________________________________________________________________________________________________

Address: __________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

Telephone: ______________________________________________________ Fax: ___________________________________________________

Email: ______________________________________________________ Contact Person: ___________________________________________




Malaysian Export Academy Present

Understanding Goods and Service Tax and its Impact on Business

9 & 10 July 2014, Wed & Thurs, Holiday Villa, Subang JayaSBL Claimable under HRDF


OBJECTIVEThis workshop is designed to provide participants with a firm grounding of GST concepts and real life examples to build up their practical knowledge and analysis of GST obligations. It is also designed to equip participants with the necessary skills and knowledge to effectively understand and apply GST concepts into their area of work.

WHO SHOULD ATTEND? Directors, CEOs, Finance Managers, Financial Controllers, Accountants, Accounts and Finance Executives, Marketing and Sales Personnel etc

KEY CONTENT1. Basic concept of GST

What is GST? How does GST works? What are the responsibilities of GST –

registered business Rationale for GST The mechanism of GST

2. Scope and Charge • Standard Rated Supply• Zero Rated Supply• Exempt Supply• Out of Scope Supply

3. Place of Supply • Place of Supply• Time of Supply• Value of Supply

4. Charging GST on Sales & Billing and Invoicing Requirements • Scope of tax• Value of supply subject to GST• Absorbing GST

5. Input Tax, Output Tax and Credit Mechanism• The Conditions• Partial Exempt Entities• De-minimis Rule• Input Tax Recovery Methodology

6. Transitional Issues • Payment & Invoicing before GST• Effect of GST on Service tax• Progressive & Periodic Supply

7. Accounting for GST • Taxable period• Tax invoices & Simplified Tax Invoice• Bad debt relief claim• Keeping records

8. GST for your Industry • Review special available schemes • i.e. Retailing • i.e. Construction• i.e. Advertising • i.e. Freight Transportation

9. Reviewing Contracts and Agreements• Identifying Exceptional Transactions• Non-reviewable Contracts

10. Register for GST• Who must register?• Working out your GST turnover• How to register?• What does being registered for GST mean?

11. Penalties and Recovering action• Late registration• Non/Late submission of GST return• Non/Late payment of tax• Submission of incorrect GST return• Failure to keep proper records

12. Business Impact Awareness• Cash flow effect• Transitional impact• Pricing

14. Software Solutions• Upgrade requirement• Custom reporting requirement• User knowledge requirement

TRAINER PROFILEJacob KumarJacob is a professional with an MBA in General Management from Victoria University, Switzerland, and has over 21 years of experience in finance, strategic, accounting, administration and operations. His last position was as the Asia Pacific Financial Controller at Telmar Network Technology, a wholly-owned subsidiary of Jabil Inc USA, which is a public-listed company at the New York Stock Exchange and listed as a “Fortune-500” company.

During his tenure as an accountant, finance manager and APAC Finance Controller, Jacob had vast exposure and experience with the Royal Malaysian Customs. As early as 1997 he attended trainings on Sales Tax and Service Tax that was conducted by the Customs Department. He has also recently attended a number of courses on GST organized by the Royal Malaysian Customs.

Jacob is currently the Principal Manager at RW William Consulting specializing in GST. He is actively involved in numerous GST implementations for large and small enterprises. He has also been to Taiwan, India, Pakistan, China, Indonesia, France, Netherlands and USA in his capacity as APAC Financial Controller in a leading multinational company, and is well versed in VAT matters of the respective countries.

Jacob has conducted various public seminars and in-house training programmes on GST mechanism and implementation for public listed companies, such as Kian

Joo Can Factory, Johnson Suisse and Aik Joo Can factory (Can One Berhad). Jacob is also a Certified Trainer under Pembangunan Sumber Malaysia Berhad (PMSB), which is a government agency directly under the Ministry of Human Resources, Malaysia.

Course FeesRM 1,300 per pax inclusive of notes, luncheons and tea breaks

CONTACT PERSONMalaysian International Chamber of Commerce & Industry C-8-8, 8th Floor, Block C, Plaza Mont Kiara, No. 2 Jalan Kiara, Mont Kiara, 50480 Kuala LumpurTel : 03 6201 7708 Fax: 03 6201 7705Email : [email protected] / [email protected] Person : Kavitha / Nurul

Understanding Goods and Service Tax and its Impact on Business 9 & 10 July 2014, Wed & Thurs, Holiday Villa, Subang JayaRegistra3on Form – Fax to 03 6201 7705

(A4n : Kavitha / Nurul)


1. ______________________________________________ ______________________________________ ___________________________

2. ______________________________________________ ______________________________________ ___________________________

3. ______________________________________________ ______________________________________ ___________________________



Address: ___________________________________________________________________________________________________________

______________________________________________________________________________________________________________________

Telephone: ___________________________________________________ Fax: ______________________________________________




OBJECTIVE:Goods & Service Tax (GST) is a new tax system to be implemented in Malaysia to replace the current Sales and Service Tax (SST). The objective of the Seminar is to introduce the participants in the manufacturing industry to this new tax system which is proposed to be introduced in 2011 so that manufacturing companies can be prepared for its introduction without any delay and to maximize costs.

HOW WILL YOU BENEFIT:• Understand the key elements of GST and its mechanism. • Analyse and understand the implications of GST on your manufacturing activities.• Identity and review business activities in line with GST.• How to effectively overcome implementation, compliance and enforcement issues. • Treatment of transitional issues upon implementation of GST.• Understanding of Schemes / Reliefs available to Manufacturers

KEY CONTENTS:Introduction

Comparison between SST V GST

Objective

Rationale for Implementing GST

Scope and charge to tax

Types of Supply ➢ Standard Rated Supply➢ Zero Rated Supply➢ Exempt Supply➢ Out of Scope Supply

Tests for GST• What is a Supply • Taxable Supply • Taxable Person • Concept of Business

Input Tax, Output Tax and Credit Mechanism

Concept of Supply Place of Supply Time of Supply

Computation of taxable turnover

Registration i. Liability to register ii. Voluntary registration iii. Group registration iv. Branch Registration v. Exemption from registration vi. Partnership vii. Deregistration

Accounting for GSTTaxable period Accounting basisBad debt provision Tax invoice & Simplied Tax InvoiceTreatment of Debit / Credit Notes and Discounts GST Returns Input Tax Credit (ITC)Input Tax Apportionment Deminis principle

GST Treatment Input Tax Adjustments

➢ Treatment of Capital Assets, Raw Materials and Components➢ Machinery acquired under HP Agreement and Lease Agreement

Trade Samples and Warranties Subcontracting / Farming OutGoods on Consignment

Special Cases Non Application to Government Treatment of Agents Supplies spanning changes in rate or description Tranfers Of Going Concern (TOGC) Designated Areas

Special Schemes

Schemes applicable to Manufacturers - Warehousing Scheme - Approved Trader Scheme - Toll Manufacturer Scheme- Capital Goods Scheme

Review and Appeals

Goods & Service Tax Rulings

Transitional Issues • Payments & Invoicing before GST • Effect on sales tax and service tax

HRDF /SBL Claimable



(SBL / HRDF Claimable)presents

GOODS AND SERVICE TAX (GST) IN MALAYSIAIMPACT ON MANUFACTURING INDUSTRY

10 & 11 July 2014, (Thurs & Fri), 09:00 am to 05:00 pm, Best Western Premier Dua Sentral, Kuala Lumpur Certificate of attendance awarded for those who complete the course

• Irreviewable Contracts • Progressive & Periodic Supply • Refund of sales tax on goods held on hand • Claim for Special Refunds • Unredeemed Vouchers

Offences & Penalties

Questions and Answer

METHODOLOGY Power Points Presentation, Lectures, Discussions and Q & A session

WHO SHOULD ATTEND? Finance Managers, Accountants and Auditors General Managers Management Corporations Manufacturers & Traders Purchasing / Procurement Managers Operations Managers IT Personnel Management / Business Consultants Tax Advisors

COURSE LEADER – P.NADARAJA P. Nadaraja was formerly with the Royal Malaysia Customs (1981-1997) as a Senior Officer of Customs having served in various units and his key areas of focus includes customs administration, import and export procedures, classification, valuation, licensing and compliance matters. He posses an indepth knowledge of various customs legislations including Customs Act, Sales Tax Act, Service Tax Act, Excise Act and other subsidiary legislations.

He has vast experience in Customs matters and has been a guest lecturer at the Royal Malaysia Customs Academy in Malacca on

various occasions to deliver lectures on various aspects of Customs laws and procedures.

In 1997 he left the Customs Department on optional retirement for private practice as an Advocate and Solicitor.

He is now involved in legal practice and at the same a time is actively involved in conducting seminars and workshops on customs matters. He has also conducted in house training for various companies including statutory bodies and has advised and consulted upon by companies on issues such as customs and sales tax valuation, classification, service tax matters, drawback, refunds, exemptions and others. He was officially appointed by the Customs Department to conduct Basic Customs Course for forwarding agents during the year 2005 – 2007.

He is also an Associate of the Malaysia Institute of Chartered Secretaries and Administrators and an Associate Member of Chartered Tax Institute of Malaysia (ACTIM) and is currently involved in customs litigation and rendering of consultancy services on Customs matters.

COURSE FEES RM 1,350.00 per person for 2 days –SBL Claimable (includes Lunch, Tea-Breaks, Course Notes and Certificate of Completion

* Muslim participants will be given 2 meal coupons each during the month of Ramadhan

CONTACT PERSONMalaysian International Chamber of Commerce & IndustryC-8-8, 8th Floor, Block C, Plaza Mont Kiara, No. 2 Jalan Kiara, Mont Kiara, 50480 Kuala LumpurTel : 03 6201 7708 / Fax: 03 6201 7705 Email : [email protected] / [email protected] Contact Person : Kavitha / Nurul

GOODS AND SERVICE TAX (GST) IN MALAYSIAIMPACT ON MANUFACTURING INDUSTRY

10 & 11 July 2014, (Thurs & Fri), 09:00 am to 05:00 pm, Best Western Premier Dua Sentral, Kuala Lumpur Registra3on Form – Fax to 03 6201 7705

(A4n : Kavitha / Nurul)


1. ________________________________________________ ______________________________________ ______________________________

2. ________________________________________________ ______________________________________ ______________________________

3. ________________________________________________ ______________________________________ ______________________________

Company/Organization:______________________________________________________________________________________________

Nature of Business: ___________________________________________________________________________________________________

Address: _______________________________________________________________________________________________________________

__________________________________________________________________________________________________________________________

Telephone: _____________________________________________________ Fax: _________________________________________________

Email: _____________________________________________________ Contact Person: _________________________________________




Malaysian Export AcademyPresents

EssenMal Management of GST System Changes 16 & 17 July 2014, Wed & Thurs, EasMn Hotel, Petaling Jaya

SBL Claimable under HRDFCerMficate of aNendance awarded for those who complete the course

IntroducMonThis program gives the parMcipants the necessary content for

the preparaMon on GST System Changes. This two-‐day course focuses on the content of essenMal management on planning tasks, GST system changes requirements and system implementaMon life cycle. Upon compleMon of the course, you are ready to start with your GST system changes project. Proper management skill is necessary to ensure the system infrastructure is ready before April 1, 2015.

Who Should ANend GST Steering CommiNee Finance, procurement, supply chain professionals

who are involved in the GST system implementaMon project

System Analysts and Administrator for ERP, Financial System, OperaMon System and e-‐Commerce Module

Learning OutcomesAt the end of this program, the parMcipants shall gain knowledge on the following:• Appreciate the AccounMng So>ware Guidelines and

Guideline on Tax Invoices and Documents published by Royal Malaysian Customs Department

• Learn about 3 planning processes that help in kick start GST system changes

• Learn about 5 criMcal phases that determine successful roll out on GST System Changes

• 10 project management templates for GST System Changes

• Discuss various scenario that we may face during GST system changes

Content IniMaMng and Planning Tasks System ImplementaMon Life Cycle

Scoping of GST related system requirement such as GST Audit File (GAF), tax invoice, GST return informaMon

Training Methodology Tutorial with Power Point and Mind Maps InteracMve Group Discussion

Templates

Syllabus:DAY ONERefresh on GST DefiniMonThe role of stakeholders from management perspecMves

Finance OperaMon Sales and Procurement InformaMon Technology Government Others

Kick start with your system changes3 Planning processes required for system changes

DAY TWOReference to AccounMng So>ware Guide and Guide on Tax Invoices and DocumentsExecuMng GST System Changes

Design Build Test Training Deploy

System, Setup & ConfiguraMonGST AccounMng EntriesInterfaces and IntegraMonGST Returns and Audit FileReference to AccounMng So>ware Guide and Guide on Tax Invoices and DocumentsExecuMng GST System Changes

Design Build Test Training Deploy:

➢ System, Setup & ConfiguraMon➢ GST AccounMng Entries➢ Interfaces and IntegraMon➢ GST Returns and Audit File

Manage & Control tasks for system changesBusiness As Usual

Note:This course is designed for GST system changes knowhow but not address the typical GST concepts and mechanism in any parMcular industry or organizaMon. ParMcipants who aNend this course shall aNend GST training and get sufficient GST informaMon on their organizaMon or industry. ParMcipants are required to fill up the templates for GST maNers using their own organizaMon scenario.

Trainer’s ProfileStanley Wong is a Project Management Professional (PMP) and a HRDF cerMfied trainer. He holds MSc in IT degree specializing in project management. He is a CerMfied Professional Trainer, Chartered Accountant and a member of Malaysia InsMtute of Accountants and Malaysia InsMtute of Management. He has 20 years of working experience in system implementaMon and project management, specializing in financial management applicaMon. In addiMon, he is involved in providing training and advisory in relaMon to business mind mapping as a ThinkBuzan License Instructor accredited by Tony Buzan.

As Malaysia is going to introduce GST towards April 2015, Stanley would like to bring his experMse together and share his insights on project management for GST system change.

Stanley’s involvement in system implementaMon, project management and his background as accountant will give him addiMonal compeMMve edge to address the topic of GST system changes and challenges much beNer than other pracMMoners.

Course Fees /RegistraMonsRM 1,350 per pax inclusive of notes, luncheons and tea breaks*Muslim parMcipants will be given 2 meal coupons each during the month of Ramadhan

EnquiryMalaysian InternaMonal Chamber of Commerce & Industry C-‐8-‐8, 8th Floor, Block C, Plaza Mont Kiara, No. 2 Jalan Kiara, Mont Kiara, 50480 Kuala LumpurTel : 03 6201 7708 Fax: 03 6201 7705Email : [email protected] / [email protected] Contact Person : Kavitha / Nurul

EssenMal Management of GST System Changes 16 & 17 July 2014, Wed & Thurs, EasMn Hotel, Petaling Jaya



1. ______________________________________________ ______________________________________ ___________________________

2. ______________________________________________ ______________________________________ ___________________________

3. ______________________________________________ ______________________________________ ___________________________



Address: ___________________________________________________________________________________________________________

______________________________________________________________________________________________________________________

Telephone: ___________________________________________________ Fax: ______________________________________________






presents

IMPACT OF GOODS AND SERVICE TAX (GST) ON LOGISTICS AND FORWARDING INDUSTRY

17 & 18 July 2014, Thurs & Fri, 9.00 am 5.00 pm, Holiday Villa Hotel, Subang Jaya


OBJECTIVE:Goods & Service Tax (GST) is a new tax system to be implemented in Malaysia to replace the current Sales and Service Tax (SST). The objective of the Seminar is to introduce the participants to this new tax system which is proposed to be introduced on 01.04.2015 and its implications and impact on the logistics and forwarding industry.

HOW WILL YOU BENEFIT: Understand the key elements of GST and its mechanism. Analyse and understand the implications of GST on logistics & forwarding industry. Identity and review business activities in line with GST. How to effectively overcome implementation, compliance and enforcement issues. Treatment of transitional issues upon implementation of GST.

KEY CONTENTS:Introduction

Objective

Rationale for Implementing GST

Scope and charge to tax

Types of Supply ➢ Standard Rated Supply➢ Zero Rated Supply➢ Exempt Supply➢ Out of Scope Supply

Tests for GST➢ What is a Supply ➢ Taxable Supply ➢ Taxable Person ➢ Concept of Business

Input Tax, Output Tax and Credit Mechanism

Concept of Supply Place of Supply Time of Supply Value of Supply

Computation of taxable turnover

Registration• Liability to register • Voluntary registration • Group registration • Branch Registration • Exemption from registration • Partnership • Deregistration

Accounting for GSTTaxable period Accounting basisBad debt provision Tax invoice & Simplified Tax InvoiceGST Returns Input Tax Credit (ITC)Input Tax Apportionment Deminis principle Input Tax AdjustmentsHire Purchase / Lease Agreements

Application of GST on Transport / Freight vi. Domestic Freight Transportation vii. International Freight Transportation viii. Ancillary Transport Services ix. Transportation by road and railx. Transportation & Freight xi. Within and Between Free Zones / Designated xii. International Services

Special Cases Non Application to Government Treatment of Agents

Transfers of Going Concern (TOGC) Designated Areas

Special Schemes- Warehousing Scheme

Review and Appeals

Goods & Service Tax Rulings

Transitional Issues 3. Payments & Invoicing before GST 4. Effect of GST on service tax 5. Irreviewable Contracts 6. Progressive & Periodic Supply

Offences & Penalties

Questions and Answer

WHO SHOULD ATTEND?• Finance Managers, Accountants and Auditors • General Managers • Freight Managers • Logistics Managers• Purchasing / Procurement Managers • Operations Managers • IT Personnel • Management / Business Consultants • Tax Advisors • Forwarding Agents

HRDF /SBL Claimable

METHODOLOGY Power Points Presentation, Lectures, Discussions and Q & A session

COURSE LEADER – P.NADARAJA P. Nadaraja was formerly with the Royal Malaysia Customs (1981-1997) as a Senior Officer of Customs having served in various units and his key areas of focus includes customs administration, import and export procedures, classification, valuation, licensing and compliance matters. He posses an indepth knowledge of various customs legislations including Customs Act, Sales Tax Act, Service Tax Act, Excise Act and other subsidiary legislations. He has vast experience in Customs matters and has been a guest lecturer at the Royal Malaysia Customs Academy in Malacca on various occasions to deliver lectures on various aspects of Customs laws and procedures.

In 1997 he left the Customs Department on optional retirement for private practice as an Advocate and Solicitor.

He is now involved in legal practice and at the same a time is actively involved in conducting seminars and workshops on customs matters. He has also conducted in house training for various companies including statutory bodies and has advised and consulted upon by companies on issues such as customs and sales tax valuation,

classification, service tax matters, drawback, refunds, exemptions and others. He was officially appointed by the Customs Department to conduct Basic Customs Course for forwarding agents during the year 2005 – 2007.

He is also an Associate of the Malaysia Institute of Chartered Secretaries and Administrators and an Associate Member of Chartered Tax Institute of Malaysia (ACTIM) and is currently involved in customs litigation and rendering of consultancy services on Customs matters.

COURSE FEES RM 1,500.00 per person for 2 days –SBL Claimable (includes Lunch, Tea-Breaks, Course Notes and Certificate of Completion)*Muslim participants will be given 2 meal coupons each during the month of Ramadhan

CONTACT PERSONMalaysian International Chamber of Commerce & Industry C-8-8, 8th Floor, Block C, Plaza Mont Kiara, No. 2 Jalan Kiara, Mont Kiara, 50480 Kuala LumpurTel : 03 6201 7708 / Fax: 03 6201 7705 Email : [email protected] / [email protected] Contact Person : Kavitha / Nurul

IMPACT OF GOODS AND SERVICE TAX (GST)ON LOGISTICS AND FORWARDING INDUSTRY

17 & 18 July 2014, Thurs & Fri, 9.00 am 5.00 pm, Holiday Villa Hotel, Subang Jaya



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