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#Post#: 332--------------------------------------------------
Can claim input tax on simplified tax invoice?
By: konami20 Date: April 25, 2018, 9:00 pm
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My question : Can company claim input tax on makan makan for
staffs and customers?
and small tools purchased claim under staff
claim?
#Post#: 335--------------------------------------------------
Re: Can claim input tax on simplified tax invoice?
By: Hui Theng Date: April 26, 2018, 2:45 am
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Refer to guide on input tax credit, entertainment for employees
and existing customer can claim input tax credit.
GST incurred on entertainment expenses to family members of
company staff, potential clients (not existing clients)
including suppliers or vendors of the company are not allowed to
be claimed as input tax credit.
78. An employee may incur business expenses such as meals,
entertainment,accommodation, fuel, staff transfer, sundry items
such as small tools, materials purchased ‘on site’, telephone
calls made from public or private telephones, purchases through
coin-operated machines, car park charges, tolls, etc. which will
normally be reimbursed by the employer. Any reimbursements made
by the employer entitles him to claim input tax credit if he
meets all of the following criteria:
(a) the goods or services acquired by the employees are used or
to be used for the purpose of employer business (agent/principal
relationship);
(b) the input tax claimed is directly attributable to taxable
supplies or supplies made outside Malaysia which would be
taxable if made in Malaysia;
(c) the employee’s expense is directly related to their
activities as an employee of the employer;
(d) goods or services acquired by the employees was a taxable
supplies;
(e) the employee is not entitled to claim input tax credit on
the expense;
(f) employer has in possession of valid tax invoice on the
employee’s expenses;
(g) it is an expense payment given under employee’s benefit;
(h) the expense is for an allowable input tax and reasonable to
be attributable to supplies in section 39 GSTA;
(i) GST is included;
(j) the tax invoice (including simplified tax invoice) is in the
business’s name or under business account except otherwise
allowed by the DG (use company credit card by employee to pay
expense)
Refer to customs website:
Simplified tax invoice which does not have the name and address
of the recipient, the maximum of input tax to be claimed must
not exceed RM30.00 (6% GST). If the recipient wants to claim the
full amount of input tax (more than RM30.00), then he must
request for his name and address to be included in the
simplified tax invoice.
DG may allow the simplified tax invoice to be issued containing:
•The name (or trade name), address and GST identification number
of the supplier
•The date of issuance of the invoice
•The invoice serial number
•A description of the goods and/or services supplied
•The total amount payable including the total tax chargeable
•For each rate of tax chargeable, the gross amount payable
including tax and the tax rate applicable​
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