GST Abolishment Handholding Program


Developed by www.gst.com.my

Ever since the establishment of the new government, the execution pace towards the abolishment of GST has been very efficient. 

Noting from the fact that KASTAMS has already came out with the 5th FAQ updates (i.e. 17 May, 22 May, 24 May, 25 May, 30 May and on-going) since the announcement of 0% GST. 

It is foreseeable that there will be very frequent FAQ and GST abolishment updates for the next 90 days.

Accounting personnel or business owners are responsible to have full awareness and understanding towards any latest updates by KASTAMS FAQ, and is to reflect all related changes and updates into the books and operation of the company. Some of the many questions you have in mind now are:

  • My company bought assets (e.g. furniture and laptop) during GST era and claimed input tax, do I need to pay back? 
  • How do I set the current pricing for unsold stocks in my store?
  • How to I apportion the services that relates to GST and SST?
  • Is my new pricing strategy affect my profit and am I complied to Anti-Profiteering Act?
  • What are the transitional issues that I need to start planning now?
  • What is the deregistration process?

Important Issues to note on GST Transition & Abolishment: 

GST Transition from 6% to 0% on 1 June 2018 and will be abolished on 31 August 2018. Businesses going through 2 transitions in the short 3 months. GST compliance/audit from 1 April 2015 – 31 August 2018 might still applicable after the GST Act is being abolished.  

You must be able to handle the 2 transitions correctly as the risk is high during this transition and abolishment period. It is foreseeable unintentional mistakes and non compliance issues are more than usual the preparation time is short with lot of transitional issues to handle. Professional advice at this juncture is very important.

Areas of Concern

JUNE – SEPTEMBER 

For the coming 90 days, you cannot afford not to manage and deal with the following:


  • Sales

GST abolishment sales pricing review, etc  

  • Purchases 

GST abolishment supply chain structure & pricing review, etc. 

  • Transitional

De-registration of GST implemented since 2015, etc.  

  • Human Resources

GST abolishment employee contracts review, etc.  

  • Accounting & Software 

GST abolishment, transitional process on accounting software, etc. 

  • Documentation & Operation

GST abolishment contracts negotiation & administrative procedure, etc.  

And many more hidden issues that we would like to highlight and provide solutions to you in this 90 Days handholding program.


Side Notes

1) GST submission with correct tax codes is still important 2) When new SST is implemented, KASTAM still has the right to go back to 1 April 2015 and conduct audit to ensure the GST compliance 3) GST Compliance and audit still applicable after the Act is abolished 4) Penalty that starting at RM30,000 per offence is still valid 5) Record keeping is important and we have to kept it for 7 years 6) If the case is under investigation, KASTAM has the right to go for unlimited years 7) Do not take the risk and think that once the Act is abolished, that will be no more GST audit 

What you will get from GST Abolishment Handholding Program?

Noting the many GST issues to manage within such a short 3 months, you need professional support to give you the steps and approaches to handle the transition and abolishment in the coming 90 days up to the final submission period. At www.gst.com.my, we have prepared the complete solution for you as follow while we still constantly updating the program:

Module 1: 6% to 0% FAQ illustration

Module 2: GST Abolishment – 6 Approaches

Module 3: Something about SST (Bonus) 

Get the additional bonus (90 Days Email Support + 90 Days Whatsapp Group Support) before the timer ends!

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Days
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Hours
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Minutes
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GET the 90 Days Program at RM 360 only (Original RM 560) if you sign up now

GST Abolishment Handholding Program

90 Days Professional Support that gives you steps and approaches to handle the transition and abolishment with WORRY FREE

  • Course materials with explanation & illustration
  • Online video that gives further clarification
  • Notification sent via email when there are updates from KASTAM 
  • Accounting entries and tax codes 
  • Bonus : Introduction to SST  

This 90 days program is suitable for:

  • Accounting assistant /executives
  • Accountant 
  • Freelance accounting personnel
  • Business owner
  • Department head

Additional bonus (90 Days Email Support + 90 Days Whatsapp Group Support)

Our GST Milestone

Since then has helped over 10,000 businesses in Malaysia transform the way they comply GST through various handholding platforms such as implementation cases, seminars and DVD video learning.

Fast forward today, the launching of complete “GST Abolishment Handholding Program” is meant to handhold businesses on all GST impacted departments to effortlessly go through the transition and abolishment period from June – September 2018.

Our Founder

Dato' Vimmy Yap  

Frounder & CEO  

  • Developed GST Implementation framework in 2010 for Multi-national companies & SMEs  
  • Seasoned GST trainer who has trained more than 9,000 participants  
  • Panelist for GST Conference 2016  
  • GST Tax Agent licensed by Ministry of Finance  
  • Completed MyGCAP Reviewer course (New)

What Others Has To Say On GST Transition

What you will get for 90 Days for RM 360 only (Limited Time Offer) 

  • Course materials with explanation & illustration
  • Online video that gives further clarification
  • Notification sent via email when there are updates from KASTAM
  • Accounting entries and tax codes 
  • Bonus : Introduction to SST
  • Module 1: 6% to 0% FAQ Illustration - Scenario based course materials - Online video coaching - Accounting entries & tax codes  
  • Module 2: 6 Approaches to abolish GST - Steps to handle transitional issues effectively - Deal with sales process easily – e.g. delivery, invoicing, payment - Take note of purchasing and costing measure in order to determine pricing strategy - Manage human resource issues eg staff benefit, claims, employee contract - Maintain accounting system &POS – GAF record, accounts closing - Compile documentation & operation – price display, review contract, record keeping  
  • Module 3: Something about SST (Bonus) - Sales Tax, prior 1 April 2015 - Service Tax, prior 1 April 2015 - 9 steps to implement SST - Introduction to new SST (coming soon)

Additional Bonus: Limited-Time-Offer

It is foreseeable that there will be many uncertainties, doubts and ad-hoc clarifications needed during this GST transition and abolishment period on all areas of the company related to GST. i.e. departments of sales, purchase, HR, logistics/warehouse, accounting/finance.  

90 days WhatsApp Group Chat Support

90 days Email Consultation Support

Get the additional bonus (90 Days Email Support + 90 Days Whatsapp Group Support) before the timer ends!

-
Days
-
Hours
-
Minutes
-
Seconds

GET the 90 Days Program at RM 360 only (Original RM 560) if you sign up now

Contact Us

Please reach out to us if you have any questions about this program

  • Whatsapp Number : +6018 968 1693
  • Email : info@gst.com.my
  • Phone : +603 7499 2889

Copyright 2018 gst.com.my and GST Vintage. All Rights Reserved. Terms and conditions. Notification of program delivery shall be made to subscriber in email writing and/or Whatsapp messaging within 5 working days from date of purchase. The subscription for the program rendered is meant to be 90days upon account activation. Refund is allowed within 14 days from date of purchase of GST Abolishment Handholding Pogram with amount netting off payment transaction fee. Whatsapp group support & email support is for 90 days upon signup or until 30th September whichever comes 1st.