Service Tax Refund for Companies operating in the Joint Venture Development

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Service Tax Refund for Companies operating in the Joint Venture Development

Who is Eligible?

Joint Venture Development (JDA) operate companies who have been paid on all taxable services.

When is the effective date?

15ᵗʰ AUGUST 2022.

What are the 5 Requirements??

Services are fully used for official purposes and it is the main activities of the JDA operation.

JDA companies need to furnish a declaration for Malaysia-Thailand and joint Authority (MTJA) to proof the service is for official purpose.
JDA had paid for the acquisition.
Comply all the conditions and procedures.
Application of refund must make every three months (quarterly basis).

Refund policy

Refund requests should be submitted no later than the last day of the month following the end of 3 months period, for example:

Service Acquisition Period : 15 August 2022 – 30 September 2022 (Last date for service tax refund claim application 31 October 2022)
Service Acquisition Period : 1 October 2022 – 31 December 2022 (Last date for service tax refund claim application 31 January 2023)

Important points

After the period for submission of claims any refund will not be processed.
Service tax exemption is not entitled for importation of taxable service including digital services tax.

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