The Royal Malaysian Customs Department (RMCD) has made an announcement (available in Malay language only) on the remission of penalty due to non-payment or late payment under the GST Act 2014 on its MySST website on 31 May 2021.
According to the announcement, approval for remission of penalty will be considered for any company which makes payment of tax and penalty from 1 May 2021 to 31 August 2021, subject to the following conditions:
|
Category 1 |
Company which has outstanding tax and penalty |
|
Condition |
Company has to make full payment of the outstanding GST from 1 May 2021 to 31 August 2021 |
|
Eligibility |
100% remission of penalty |
|
Category 2 |
Company which has outstanding penalty only |
|
Condition |
Company has to make payment of 20% of the outstanding penalty from 1 May 2021 to 31 August 2021 |
|
Eligibility |
80% remission of penalty |
Application can be submitted via the Taxpayer Access Point (TAP) portal under the Request for Remission link and the company is required to upload the following documents:
· Application letter for remission of penalty;
· Proof of payment; and
· GST Account Statement before payment was made.
