Traditional Culture Encyclopedia - Hotel franchise - How to calculate sst tax in Malaysia
How to calculate sst tax in Malaysia
For example, if a consumer orders RM 100 food and drink in a restaurant, he/she has to pay RM 100 for food+RM10 for service +6% SST, and RM * * *1/6.
On the other hand, under the GST policy, consumers order RM 100 in restaurants, and merchants must add the catering cost and service charge to calculate GST, that is, RM110x6% = RM 6.60 (GST), and one * * is RM1/kloc-0.
Behind SST
Sales and service tax (SST) is an indirect tax levied by royal malaysian customs Bureau on specific goods or services before the implementation of consumption tax (GST). SST is a single stage, aiming at specific finished product manufacturers and service industries.
Goods and Services Tax is a multi-stage tax system. For most businesses and industries, using SST instead of GST is easier to implement and adapt than GST, because SST is only for specific businesses and industries and does not need input tax and output tax.
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