How to declare realized foreign exchange gains or losses in form GST-03?

1 Answer(s)

Info from Customs (25/08/2015), we need to declare net gain only, if there is net loss, we report it as NIL

Example:

If realized gain is RM1000 and realized loss is RM200, the net amount is +RM800, we declare it as RM800.

If realized gain is RM300 and realized loss is RM700, the net amount is -RM400, we declare it as NIL.

From HAMIDAH BT ABD HAMID (hamid@customs.gov.my)

Answered on September 9, 2015. 2015-09-09 02:47:41
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