Association Of Malaysia Hauliers
Improvements to the Service Tax Policy on Logistics Services
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- Improvements to the Service Tax Policy on Logistics Services
Important Announcement from Ministry of Finance (MOF) and Royal Malaysian Customs Department (RMCD)
Attention all stakeholders in the logistics industry! The Ministry of Finance (MOF) and Royal Malaysian Customs Department (RMCD) have recently announced significant improvements to the Service Tax Policy on Logistics Services.
In a statement issued on 29/3/2024, The Internal Tax Division, Royal Malaysian Customs Main Office, Putrajaya, provided specific clarifications and updates regarding these changes. One key highlight is the integration of container haulier transport services into the same category as other logistics service providers. This move underscores a concerted effort to streamline and enhance the taxation framework within the logistics sector. By aligning container haulier transport with other logistics services, it aims to foster greater efficiency, transparency, and fairness across the board
As stakeholders, it’s crucial for us to stay informed and adapt to these regulatory changes. Let’s work together to ensure compliance and leverage these updates for the continued growth and prosperity of Malaysia’s logistics industry.