Question
Pro Sdn Bhd (PSB) is a legal firm, which registered under the Service Tax Act 2018. Details relating to the invoicing of the customer, Mr
Pro Sdn Bhd (PSB) is a legal firm, which registered under the Service Tax Act 2018. Details relating to the invoicing of the customer, Mr Peter are as follows:
Sales and Purchase agreement fees RM 15,000
Quit rent and assessment rate paid on behalf of Mr Peter RM 500
On 1 November 2019, PSB issued the above invoice to Mr Peter and Mr Peter settled the said invoice on 15 January 2020.
Required:
(i) Determine the amount of service tax and total amount to be charged on the invoice issued to Mr Peter.
(ii) Advice the taxable period in which Pro Sdn Bhd should account to Royal Malaysian Customs Department for the service tax on the above invoice.
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