Public Statement – 27 March 2015
For immediate release
Packet One Networks (Malaysia) Sdn. Bhd.
 
 
P1 Adheres to Goods and Services Tax (GST)

At the 2015 Budget announcement in October 2014, our Prime Minister Datuk Seri Najib Tun Razak had announced the implementation of Good and Service Tax (GST) effective 1 April 2015. GST is a new tax system gazetted on 19 June 2014 with the standard rate fixed at 6%. It is a consumption based tax imposed on the sale of goods and services, which is to replace the existing Sales Tax (10%) and Service Tax (6%). In GST, a product or service is either standard-rated or zero-rated; and exempt and out of scope supplies are not taxable. (For list of exempted supplies, kindly visit the eFederal Gazette website at www.federalgazette.agc.gov.my). Information communications technology (ICT) industry has been identified as an item in the standard-rated category.

Packet One Networks (Malaysia) Sdn Bhd, P1, recognized as a service provider under the telecommunications and ICT industry, had officially registered with the Royal Customs Malaysian Department with GST registration number of 000399921152. There was zero tax levied on P1’s offerings before GST and hence, there will be an additional charge of 6% tax on all taxable goods and services supplied by P1 effective 1st April 2015.

For a better understanding on how GST is imposed on P1 services, kindly visit the Frequently Asked Questions in www.p1.com.my.

Thank you.

For media inquiries, please contact:

Hilda Juliana Binti Shamsul Bahri, Public Relations
Phone: +603 74508374
Email: hilda.shamsul@packet-1.com
 

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