Disposal of passanger car that was bought before 1/4/2015

I get to know recently that the sale of passenger car that was bought before GST implementation is subject to GST 6%. May i know is this an amended DG decision or it is the rule since 1/4/2015 ? what is the GST tax law section i can refer for this situation?  Thank You

Asked on January 6, 2017 2017-01-06 03:24:25 Business (商家)
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5 Answer(s)

Disposal of passenger car bought before 1/4/2015 subject to GST @ 6% (SR).
Disposal of Passenger car bought after 1/4/2015 is out of scope and not subjet to GST – OS.

If goods under the blocked input tax are later disposed of, they are to be treated as not a supply. In this case, the registered person is not liable to charge and account for GST on such transaction.

(You may refer to Customs website under GST Specific Guide  on Supply).

Answered on January 6, 2017. 2017-01-06 07:29:56
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What did you mean of “If goods under the blocked input tax are later disposed of, they are to be treated as not a supply. In this case, the registered person is not liable to charge and account for GST on such transaction.”?

If my office company car bought before GST and now we sell to the car dealer, so is that mean our company need to raise the Tax Invoice to the car dealer company and refund the tax when submission GST-03?
Example car dealer pay us a cheque amount of RM48k of selling the company car, so is that mean i need to raise the Tax Invoice to them with RM 45,283.01(SR) + RM2,716.99(6%)?

Thanks you.

Answered on September 14, 2017. 2017-09-14 01:05:02
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You can download from their website and look for GST Specific Guide on Supply (Revised as at 13 February, 2017) and also GST General Guide (Revised as at 24 August, 2017).

Answered on September 14, 2017. 2017-09-14 06:06:27
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Hi CMS,

Sorry, i really cant find which paragraph that mention on it. Can you assist to show me?

Thanks.

Answered on September 14, 2017. 2017-09-14 06:26:36
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It is not directly stated in the Guide but when you consult the GST Officer, you will get a reply such as this “If goods under the blocked input tax are later disposed of, they are to be treated as not a supply. In this case, the registered person is not liable to charge and account for GST on such transaction”.  If you still insist on sighting the paragraph, try consult the GST Officer at the Customs Office near your place and ask him / her to show it to you.

Answered on September 14, 2017. 2017-09-14 09:04:03

Thanks alot for your reply and guidance. REally appreciate it.

on September 15, 2017. 2017-09-15 00:42:39
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