1 day informative and intensive workshop

9 June | 3 Sept | 23 Oct | 17 Nov | 10 Dec 2015 | Armada Hotel, Petaling Jaya
100% HRDF Claimable (In house/ Tailored courses are available)
GST Mandarin session (In house) is available -- *GST charge is applicable for events in April onwards
OVERVIEW
In the 2014 Budget, the Prime Minister of Malaysia has announced that Goods and Service Tax (GST) will be implemented
effective 1 April 2015. It is essential for all departments in an organisation to be aware about this tax system and to understand
how it affects their functions. This workshop uniquely adopts a multi-disciplinary approach towards the implementation of GST.
YOU WANT TO ATTEND THIS COURSE BECAUSE
The core objective of this course is to allow businesses to use GST to reduce costs and maximise profits without exploiting the
customers.
SUITABLE FOR

Company directors, General managers

Business owners, CFO, Financial Controllers, COO
Managers of procurement, product pricing, bookkeeping,
accounting, marketing, finance, legal, information
systems and, of course, taxation.

Tax Managers , Finance Managers and Executives

Costing, Procurement Department
COURSE OUTLINE

GST Tax consultants

Chartered Accountants, Advisors and Auditors
Company Secretaries and Business Consultants
Professionals and Staff involved in preparing for the
implementation of GST
Anyone who wants to learn about the Malaysian GST

Day 1: Malaysia GST Tax Returns Submission

(based on proposed laws and guidelines issued by Royal Customs of Malaysia)
1. Scope and Charge
Scope of GST
Type of supply: standard & zero rated supplies
Non-Taxable supply: exempt supplies, disregarded supplies, out of scope
Deem supplies
Mixed and Composite Supply
Basic Tax Point, Actual Tax Point and the 21 days invoicing rule
2. Input Tax Credit (ITC) Claims
Allowable input tax to claim- Attribute & Apportionment concept
Residual Input Tax
Blocked input tax
Deminis Principle for Residual Input Tax Credit Claims
Input Tax for Incidental Exempt Supplies
Input Tax repayment for non-payment made to suppliers
Input Tax Adjustment
Bad debt relief
3. Accounting for GST
Tax Invoice and Keeping GST Records
Tax Invoice- Issuance of tax invoice
Content of a full tax invoices
Simplified tax invoice
Deemed tax invoice self billed invoices, invoices by auctioneer
ITRAININGEXPERT GLOBAL PLT (LLP 0000201- LGN)
Corporate Admin Headquarters: No 9, Jalan BK 8A/2, Bandar Kinrara, 47180 Puchong Selangor, Malaysia
Tel: +603-8074 9056 |
Fax: +603-8082 4164
Email: info@itrainingexpert.com
Website: www.iTrainingExpert.com

Cash register rolls

Non Issuance of tax invoice instances where a tax invoice shall not be issued
Tax invoice for mixed supplies
Dealing with imports
Tax invoice and Imported goods and services, and reverse charge mechanism
Credit Note and Debit Note, Dealing with Bad Debts and Adjustments
Record Keeping
o Records relating to registration
o Records relating to business activities
o Records relating to accounting
o Sales & Service Tax record keeping in GST regime
o Records on GST Bad Debts Relief claim
Accounting Basis
o Invoice basis (accrual)
o Payment basis
4. Transition rules
Effect of Sales Tax after repeal.
Special Refund
Effect of long term non-reviewable contracts
Supplies span before and after GST implementation
Progressive, Periodic supplies
5. Filing GST Returns
Requirements of GST Returns GST- 03
Understanding GST accounting software for production of correct figures for GST-03
The importance of getting tax codes right when making accounting entries a major pitfall
The GAF file (GST Audit File) understanding its significance in GST audits
GST Audits
Types of GST audit and periods covered
Responsibilities of a taxable person
6. Key considerations for GST Implementation
Reporting for GST and IT system considerations
Internal GST implementation committee
METHODOLOGY
Interactive input, case study, group assessment, Question and Answer.
COURSE LEADERS (ONE OF THESE KEY PANEL GST TAX CONSULTANT WILL CONDUCT THE COURSE)
RAYMOND ONG
Certified GST Tax Agent, MBA
Member of the International Accountants (UK)
Member of Chartered Tax Institute of Malaysia
For the past 15 years, Raymond has been actively involved in tax compliance and consultancy work for both corporate tax and
indirect tax. His experience includes conducting tax training, indirect tax planning and advisory for local and multi-national
companies. Currently, Raymond is involved extensively in practical GST implementation projects and consultancy in Malaysia.
After completing the extensive GST course organized by the Royal Malaysia Customs for Tax agents in 2010, he has been
registered as an approved as a GST Tax consultant. Since then, he is involved preparing a multi-national company for GST
compliance. He has also attended numerous GST trainings by international speakers and Tax experts to keep abreast with the
latest issues. Raymond also conducts in-house GST workshop for Malaysia companies from diverse industries in Malay, English
and Mandarin.

ITRAININGEXPERT GLOBAL PLT (LLP 0000201- LGN)

Corporate Admin Headquarters: No 9, Jalan BK 8A/2, Bandar Kinrara, 47180 Puchong Selangor, Malaysia
Tel: +603-8074 9056 |
Fax: +603-8082 4164
Email: info@itrainingexpert.com
Website: www.iTrainingExpert.com

OR
JAMES NG, Certified GST Tax Agent, Chartered Accountant, CPA
James Ng is project director of GST preparation projects in multi-million companies and SME in Malaysia. He is Charted Accountant
(MIA, CPA) coupled with 28 years in various capacities in one of the largest oil and gas companies, which including Head of Risk
Management, Finance Manager and Senior Internal Auditor.
James is a certified GST Tax Agent, and trained by the Royal Malaysian Customs Department (RMCD). He has complete
understanding not only of the Malaysian GST but also of RMCDs policies and procedures. He has extensive hands-on knowledge
and experience in GST implementation. He also shares his practical experience with others during trainings and talks in both
English and Malay.
OR
MR MOHD NOOR , Chartered Accountant (M)
MBA(UKM),CPA (M ),FCTIM,FCCS,CFP.
Md Noor comes with 30+ years of experience as an accountant. His firm provides Auditing services and Business advisory in
the area of financial management, corporate exercise and tax planning. He is the Chief Executive Partner of Messer IMRAN
Chartered Accountant. He has also audited companies carrying the business in housing development, construction,
manufacturing and hospitality.
Since 1990, he has been speaking at training and seminars on Financial Management, Working Capital Management,
Business Turnaround, Taxation, Marketing and Business Strategy. He has delivered trainings and talks organised by
UMCeed, MIA, MICPA, MIM, SME Bank, PNS, MATRADE and other government bodies. He also provides Business Coaching
to his SME clients.
Mohd Noor is an approved GST Tax Agent by the Royal Custom and Excise Department. He completed the GST Agent
Course in 2012. Currently he is a member of GST working committee of MICPA and MATA. He is also a member of taxation
committee with the MIA. He is also conducting various GST trainings for his clients in preparing them for the
implementation of the GST in 2015.
In summary, Mohd Noor's professional involvement includes:

Malaysian Institute of Accountants (MIA)

Malaysian Institute of Certified Public Accountants (MICPA)

Chartered Taxation Institute of Malaysian (CTIM)

Malaysian Association of Tax Accountants (MATA)

INVESTMENT
Normal fee: RM 1390.00 per pax
Early Bird fee: RM *1190.00 per pax (*Payment 14 days before the course commence)
Group Registration fee: RM 1090.00 per pax for a minimum of 3 participants register together.
(Fee inclusive of GST, Buffet Lunch, Refreshment, Training Materials Certificate of Achievement)
REGISTRATION
Download Registration from: http://www.itrainingexpert.com/Registration-Form/
Registration Online: http://www.itrainingexpert.com/course/24/GST--Goods-and-Services-Tax.html
This Training Programme is SBL Claimable *Subject to PSMB conditions.
We Are An Approved Training Provider Under SBL Scheme With Pembangunan Sumber Manusia Berhad (PSMB/HRDF).
All registrations MUST be accompanied with PAYMENT 14 days after the issuance of invoice or fully paid before the
event.

ITRAININGEXPERT GLOBAL PLT (LLP 0000201- LGN)

Corporate Admin Headquarters: No 9, Jalan BK 8A/2, Bandar Kinrara, 47180 Puchong Selangor, Malaysia
Tel: +603-8074 9056 |
Fax: +603-8082 4164
Email: info@itrainingexpert.com
Website: www.iTrainingExpert.com