CAN I CLAIM INPUT TAX CREDIT ON BAD DEBTS RELIEF?

20150225-068.1GST Malaysia.1gst.com.my

Yes with the following conditions :-

A.GST is already paid

B.The person has not received any payment or part payment 6 months from date of supply or debtor has become insolvent (Bankrupt,wound up or receivership) before the sin months has elapsed

C.Sufficent efforts have been made to recover the debt.

SOURCE:100++QUICK ASNWERS GST FOR BUSY BUSINESS PEOPLE/ SECTION C

HOW TO CLAIM INPUT TAX ON IMPORT GOODS?

20150212-064.1GST Malaysia.1gst.com.my

GST for imported goods are declared and paid at the time of importation based on the invoice from the overseas supplier using customs declaration forms (Customs Form No.1 & 9). These declaration forms together with the Customs Official Receipt will be sufficient for the purpose of input tax claim by the importer or buyer.

SOURCE:100++QUICK ANSWERS GST FOR BUSY BUSINESS PEOPLE/ SECTION C