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 Games and GST

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TSPr1me_Minister
post Oct 20 2014, 04:57 AM, updated 12y ago

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With the GST looming near, I wonder how the sellers will respond (physical store/ online retail/ digital download) and how it will affect gamers.

Feedbacks from sellers are greatly appreciated!

This post has been edited by Pr1me_Minister: Oct 20 2014, 04:58 AM
blah2blah
post Oct 20 2014, 07:36 AM

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^ boikot video games.

oh wai
travis8481
post Oct 20 2014, 05:34 PM

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QUOTE(Pr1me_Minister @ Oct 20 2014, 04:57 AM)
With the GST looming near, I wonder how the sellers will respond (physical store/ online retail/ digital download) and how it will affect gamers.

Feedbacks from sellers are greatly appreciated!
*
correct me if I'm wrong, d GST only applicable if the seller's turnover is >RM500k....

so if I'm d seller brows.gif brows.gif
WaCKy-Angel
post Oct 20 2014, 05:37 PM

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QUOTE(travis8481 @ Oct 20 2014, 05:34 PM)
correct me if I'm wrong, d GST only applicable if the seller's turnover is >RM500k....

so if I'm d seller  brows.gif  brows.gif
*
Nope. Turnover 500K is compulsory. Lower also can register and charge GST.
But the thing is, how does public can be sure the shop actually is registered and actually paying GST?
travis8481
post Oct 20 2014, 05:46 PM

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QUOTE(WaCKy-Angel @ Oct 20 2014, 05:37 PM)
Nope. Turnover 500K is compulsory. Lower also can register and charge GST.
But the thing is, how does public can be sure the shop actually is registered and actually paying GST?
*
Is still up to the seller to declare. Just like now, u can declare whatever profit figure u like but still subject to IRB whether they believe
This will be IRB's headache rclxms.gif ... ,
Faidzal
post Oct 20 2014, 10:54 PM

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QUOTE(Pr1me_Minister @ Oct 20 2014, 04:57 AM)
With the GST looming near, I wonder how the sellers will respond (physical store/ online retail/ digital download) and how it will affect gamers.

Feedbacks from sellers are greatly appreciated!
*
i'd simply add it into my cost structure.

but from what I've experienced from Singapore's gst system, it's something like this:

game price = $94 + 7% GST = you pay $100 at the cashier.

but instead of seeing game price as $94 at the shelf, it shows $100 already, the 7% gst is already computed for you and stated on the price tag.

TSPr1me_Minister
post Oct 24 2014, 06:06 AM

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QUOTE(travis8481 @ Oct 20 2014, 05:34 PM)
correct me if I'm wrong, d GST only applicable if the seller's turnover is >RM500k....

so if I'm d seller  brows.gif  brows.gif
*
I know some online sellers who has easily doubled that amount. And official retailers like Sony Center will definitely affected by it.
snipersnake
post Oct 26 2014, 04:08 PM

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The receipt for companies that have registered with Customs will indicate the GST portion. If the shop tells you it charges gst, demand for the receipt. If they are lying, they will face serious offence under akta pencatutan harga. I expect A LOT of shops will take advantage of the GST thing.
» Click to show Spoiler - click again to hide... «


This post has been edited by snipersnake: Oct 26 2014, 04:08 PM
terryforever
post Nov 9 2014, 02:43 AM

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QUOTE(snipersnake @ Oct 26 2014, 04:08 PM)
The receipt for companies that have registered with Customs will indicate the GST portion. If the shop tells you it charges gst, demand for the receipt. If they are lying, they will face serious offence under akta pencatutan harga. I expect A LOT of shops will take advantage of the GST thing.
» Click to show Spoiler - click again to hide... «

*
for your knowledge,
U must get the Tax Invoice from them, and also must be printed out by system, not hand writing.
Then if u scare they cheat u, just check wit KASTAM wit the GST numbers on the tax invoices,
if the number show the correct shop name, then is ok to pay, if not....just report, n the person who register (director if company) will go to jail or fine or both...depends.

N also , for your info, doenst matter who u vote, BN or PKR,
GST will still started, as Dr. M plan this for 20 yrs ago. Doesnt matter who win, this GST will still going, just the matter of time when to start.

For the gameshop, got GST or NOT for them....the game price will still increase.
Some no GST, but when the stock come, it wit GST,
so if the shop not register, and he cant claim the GST 6%, what should he do? selling the game same price like now? But he will earn less, so the best choice is....
just add it back to the selling price. But this is not call GST, is just higher selling price.
If the shop got registered, then you will see them print Tax Inv for you and show the GST.

Doesn't matter which.....we customer still paying for them.... thumbup.gif

terryforever
post Nov 9 2014, 02:46 AM

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QUOTE(Faidzal @ Oct 20 2014, 10:54 PM)
i'd simply add it into my cost structure.

but from what I've experienced from Singapore's gst system, it's something like this:

game price = $94 + 7% GST = you pay $100 at the cashier.

but instead of seeing game price as $94 at the shelf, it shows $100 already, the 7% gst is already computed for you and stated on the price tag.
*
Hmmm.... maybe will same as what you say.
but in the tax invoice, must show separately.
terryforever
post Nov 9 2014, 02:48 AM

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QUOTE(WaCKy-Angel @ Oct 20 2014, 05:37 PM)
Nope. Turnover 500K is compulsory. Lower also can register and charge GST.
But the thing is, how does public can be sure the shop actually is registered and actually paying GST?
*
Just check the GST number on the TAX INVOICE.
then go to GST KASTAM there to check, whether this numbers got register or not,
if not, then you can report, and send them to jail. thumbup.gif

keny2020j
post Nov 9 2014, 02:49 AM

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Buy from steam
acougan
post Mar 5 2015, 11:12 AM

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any idea how GST will affect prices of console and games?
kwbaka
post Mar 6 2015, 01:13 PM

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well they will rise i think rm10 or something?
Gahleon
post Mar 6 2015, 01:23 PM

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QUOTE(kwbaka @ Mar 6 2015, 01:13 PM)
well they will rise i think rm10 or something?
*
So we gonna pay RM1590 for a RM1500 console?
kwbaka
post Mar 6 2015, 01:26 PM

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QUOTE(Gahleon @ Mar 6 2015, 01:23 PM)
So we gonna pay RM1590 for a RM1500 console?
*
well, for what i understand is total charge 6%.

not like 6%>6%>6%> and so on
nagflar
post Mar 21 2015, 11:58 AM

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if the games rm179 + 6%

= rm189.74

+ RM is weak now . expect over 200rm for a singles ps4 games . hurray tq BN
dvinez
post Mar 25 2015, 05:03 PM

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those not registered will just add the 6% into retail price
yes or no, end user/buyer will be paying for it indirectly

let GST alone, price will/had increase due to ringgit weakened
nagflar
post Apr 1 2015, 10:54 AM

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have any1 buy new Games with GST today ?? hehe
acougan
post Apr 1 2015, 11:37 AM

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sony site has prices inclusive of GST

https://www.sony.com.my/productcategory/gam-ps4-console

not sure abt other shops yet
snipersnake
post Apr 1 2015, 12:50 PM

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was thinking to buy The Order 1886 today..

 

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