NEWS UPDATES
GOODS AND SERVICES TAX (GST) IMPLEMENTATION
GOODS AND SERVICES TAX (GST) IMPLEMENTATION
Following the gazette order of Goods and Services Tax (GST) Act 2014, Malakoff Utilities will be required to charge GST, where applicable, starting 1 April 2015.
We are a GST registered company with the GST registration number, 000837828608
Terms and Conditions of our services, where applicable, will be amended accordingly.
Kindly refer below for FAQs on GST or call 03 2273 5888 or email us at cs-mu@malakoff.com.my for further enquiries.
GST FAQs
What is GST?
Goods & Services Tax (GST) is a consumption tax that is based on the value-added concept which will replace the current Sales and Services Tax (SST). It is aimed to streamline the country’s tax system to be more effective, efficient, transparent and business-friendly. In simple terms, with GST, consumers will only need to pay tax once and the price of the goods should either remain the same or in fact be more affordable.
When will GST will be implemented?
GST will be implemented nation-wide effective 1 April 2015 onwards
What is the current rate of GST?
6%
What are the Malakoff Utilities services that are subject to GST?
| TARIFF RELATED SALES | NON-TARIFF RELATED SALES |
| 1. Electricity – Tariff (normal, Peak, Off Peak Shoulder) 2. Maximum Demand 3. Imbalance Cost Pass-Through (ICPT) 4. Temporary Load Charge 5. Minimum Monthly Charge (Non Domestic) |
1. Fuse Replacement 2. Meter Testing 3. Special Reading 4. Connection/ Reconnection 5. Duplicate Copy of Electricity Bill 6. Graph Printing of Consumption |
What are the Malakoff Utilities services that are not subject to GST?
| TARIFF RELATED SALES | NON-TARIFF RELATED SALES |
| 1. Electricity – Tariff - Domestic first 300kWh (Zero Rated) 2. Connected Load Charge 3. Power Factor Surcharge 4. Minimum Monthly Charge (Domestic – Zero Rated) |
1. Penalty Charges 2. Rounding Charges 3. Renewable Energy Fund 4. Meter Replacement 5. Transfer Debit/ Credit 6. Initial Deposit/ Additional Deposit |
My bill – Post GST
For supplies of electricity to:
- Domestic customers in Malaysia: The first 300 units of electricity supply irrespective of minimum or non-usage for a minimum period of 28 days per billing cycle will be subject to GST at the rate of 0%. The subsequent supply (above 300 units) will be subject to GST at 6%.
- Non-domestic customers in Malaysia: GST will be charged on the supply of electricity at the rate of 6%.
Will my electricity bill clearly state which items are subjected to GST?
Yes, the amount of GST charged will be clearly stated in the tax invoice issued to customers.
Will Malakoff Utilities issue tax invoice for claiming purposes?
Your electricity bill is your tax invoice.