SST Return & Miscellaneous

Open SST Return

Example of SST-02

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Follow the steps to process SST-02 in SQL Account : Youtube

1. Process SST Return from SST | New SST Return

   

2. Enter your taxable period

3. Key in declaration, which will appear in Part F of the SST-02 form. This declaration only needs to be entered once, as it will automatically appear in subsequent returns.

4. Click Process

   

5. Click SST-02

   

   

   

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Understand SST02 27 Column : Video

New SST Return

To process and close the SST returns period, you can generate the SST-02.

Field Name	Field Type	Explanation
Process From to	Date	SST Taxable Period, e.g., every 2 months.
Process Date	Date	Date to process the SST Return.
Amendment	Boolean	Ticked. In SST-02, the "Amendment" checkbox will be marked X.
C/F Refund for SST	Boolean	Ticked. In SST-02, the Item 9 "Do you choose to carry forward refund for SST?" will be marked X in Yes checkbox.
Description	String	SST Return - Process From Date to Date (by default).
Ref 1	String	Key-in any reference no.
Ref 2	String	Key-in any reference no.

Draft SST Return

You can draft the SST-02 before final submission by processing it as draft.

1. Click on the arrow key down at the Process button.

2. See below screenshot.

   

3. DRAFT Status showed for the SST Returns period.

   

note

You still can amend the documents where the DRAFT SST return has generated. You may create multiple drafts before finalizing the SST return for the period.

Final SST Return

1. Click on the Process button.

2. See below screenshot.

   

3. Final SST Return will no longer display DRAFT in the status column.

   

note

Once the SST return is finalized, you cannot amend the documents.

Miscellaneous

Remission

The Minister may remit the whole or any part of sale tax due and payable.

Director General may remit the whole or any part of:

• Surcharge
• Penalty
• Fee
• Other money payable under the Act

Refund of overpaid tax

Individual that is eligible to claim if:

• Any person who has overpaid or erroneously paid of sales tax, penalty, surcharge, fee
• Any person who has paid sales tax and then exemption or remission of sales tax is granted by Minister.

Claim to be made in form JKDM No. 2 within one year from the date of over payment or erroneously payment; or entitlement of refund.

Drawback

Director General may allow a drawback of the full amount of sales tax paid by a person for taxable goods that are subsequently exported. This does not apply to Petroleum.

Conditions:

• Goods must be exported within six months from Sales Tax paid on import or date of invoice issued.

• Application made within three months from the date of export in JKDM Form no. 2

• Other conditions with regards to documentation and declaration.

Submission to sales tax office at applicants’ place of business.

Illustration:

Penalty for late payment of tax

Late payment penalty on the amount of sales tax not paid as shown in the table below.

Other penalty for offences

Evasion of sales tax:

• 1st offence - either or both

  • Fine

    • Minimum 10x Sales Tax Amount

    • Maximum 20x Sales Tax Amount

  • Imprisonment not exceeding 5 years

• 2nd offence - either or both

  • Fine

    • Minimum 20x Sales Tax Amount

    • Maximum 40x Sales Tax Amount

  • Imprisonment not exceeding 7 years

Furnishing Sales Tax / Service Tax (SST-02) Return & Payment of Tax

Registered manufacturer / person has to declare SST return every 2 months according to the taxable period.

• Service Tax return has to be submitted not later than the last day of the following month after the taxable period ended.

• Service Tax return has to be submitted regardless of whether there is any tax to be paid or not.

• Service Tax return has to be submitted electronically or by cheque, bank draft and posted to SST Processing Centre.

Payment for tax due and payable declared in SST-02. Failure to submit return is an offence.