QUOTE(nookie188 @ May 19 2016, 08:38 PM)
heard from an agent that if one were to sell one commie a year even though one meets one of the above criteria
no gst needs to be paid??
Once meet anyone criteria as listed, GST registration is needed.
Gst issue for selling off commercial property
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May 20 2016, 11:47 AM
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25,802 posts Joined: Jan 2003 From: Penang |
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May 20 2016, 02:41 PM
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25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(nookie188 @ May 20 2016, 01:33 PM) thanks for the update.. Sometimes, it is to avoid potential loopholes. this gomen keep changing the rules and its causing a lot of confusion. now they are trying to rope in as much as possible - start lenient then make it stricter and stricter to maximize gst collection! Anyway, for those not yet update the issue, http://www.thestar.com.my/news/nation/2016...ear-gst-exempt/ |
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