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SST - List of Sales Tax Exempted and Taxable Goods (Part 4 - chemical products)

Posted By  jess  at  Oct 15 2018 12:45        2440

Since 1st September 2018, Malaysia consumer tax has been replaced by a new tax system - the Sales and Service Tax (SST). SST is compiled by 2 separate tax systems, which is the Sales Tax and Service Tax. 

We've started a blog series to list down all items and their respective sales tax rate in detail. We have just listed down list of other edible products in the series. We will be listing out chemical products and their respective SST rates. 

You can check all your chemical related products in this post to see which rate they are subjected to under SST.

Tobacco and Manufactured Tobacco Substitutes

Exempted from Sales Tax

  • Tobacco

All others are subjected to 10% sales tax.

Chemicals

5% Sales Tax

  • Monosodium Glutamate (MSG)

All others are exempted from sales tax.

Colouring Matter

Exempted from Sales Tax

  • Chinese Ink
  • Shoe Whitening
  • Nila
  • Refill Ink
  • White Board Marker Ink

10% Sales Tax

  • Oil Pastels Colours
  • Poster Colour
  • Stardust Glitter For Artwork
  • Water Colour

Cosmetic Products and Perfume

Exempted from Sales Tax

  • Clove Oil Preparation (For Medicinal Uses)
  • Essence
  • Essential Oil

All others are subjected to 10% sales tax.

Miscellaneous Chemical Products

Exempted from sales tax

  • Easy Test Urine Pregnancy Test Cassette

All others are subjected to 10% sales tax.

 

Our next blog post in this SST item list series will be on articles of vaiours products. This includes articles of wood, rubbers and textiles.

Stay tuned!

Here are some related topics in TreezSoft blog for your further readings: 

  • How to record SST charged by your supplier?
  • SST guide on IT services
  • FAQ on SST – Clearing the air for SST
  • Manufacturer who are exempted from Sales Tax. (Part 1)
  • SST at special area (Part 1 - importation to SA)
  • SST - List of Sales Tax Exempted and Taxable Goods (Part 1)
  • SST - List of Sales Tax Exempted and Taxable Goods (Part 2 - Food and Beverages)

TreezSoft is a cloud accounting software for Small and Medium-sized Enterprises (SMEs). It allows you to access your financial information anytime, anywhere. It also allows you to have unlimited users for FREE for your account in TreezSoft. Our aim is to help reduce our clients' time spent on accounting mainly by using our automated processes and integration to help increase their company effeciency at a minimum costs. SMEs can use TreezSoft to keep track their expenses, accounts, daily operation e.g. Point of Sales (namely QPOS) system and etc. 

Visit TreezSoft at http://www.treezsoft.com/ to sign up for a 30 days trial account with us! 

You can also email us at [email protected] for more enquiries.

Keyword sst sales tax exempted goods

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