Games and GST
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 Oct 20 2014, 05:34 PM
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#1
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Senior Member
696 posts Joined: Mar 2013  
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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. correct me if I'm wrong, d GST only applicable if the seller's turnover is >RM500k.... Feedbacks from sellers are greatly appreciated!  so if I'm d seller  |
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Oct 20 2014, 05:46 PM
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#2
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Senior Member
696 posts Joined: Mar 2013
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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. 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 believeBut the thing is, how does public can be sure the shop actually is registered and actually paying GST? This will be IRB's headache  ... , |
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