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Support Center > Knowledge base> Article: Free Gift Rules / Deemed Supply - Private use of business assets, business gift more than RM 500 acc

Free Gift Rules / Deemed Supply - Private use of business assets, business gift more than RM 500 accumulated in the same calendar year, supply to connected person are require to account for output tax.

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Question
How to handle Free Gift / Deemed Supply after GST implemented

Answer

Free Gift Rules / Deemed Supply

Private use of business assets, business gift more than RM 500 accumulated in the same calendar year, supply to connected person are require to account for output tax.

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Article Details
Views: 5980 Created on: Nov 10, 2014
Date updated: Jan 17, 2015
Posted in: GST related, Optimum
Tagged: GST


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