BFM 89.9
The Business Station
SST Increase: Breaking Down This Week’s Updates and Changes for Businesses
24 mins
·
12:00, 29 Feb 2024
·
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Guest: Ng Sue Lynn, Head of Indirect Tax, KPMG
Enterprise Explores and breaks down the latest SST developments and how it will impact businesses in the lead up to implementation tomorrow (March 1st) with Ng Sue Lynn, Head of Indirect Tax at KPMG.
In a surprise move, the service tax will now be imposed on maintenance and repair (M&R) services and on top of that it stated that it would be effective Monday, the 26th of February, which led to some confusion around the actual start date for the changes and updates to the SST and its increase.
On top of that there’s been some concern over how broad the term ‘Maintenance and Repair’ is and we also explore changes around how the service tax will be applied to the logistics industry, which has now been brought into the Service Tax fold for the first time.
Presenter: Roshan Kanesan
Producer: Roshan Kanesan, Kishan Sivaswamy
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SST Increase: Breaking Down This Week’s Updates and Changes for Businesses
24 mins
·
12:00, 29 Feb 2024
Guest: Ng Sue Lynn, Head of Indirect Tax, KPMG
Enterprise Explores and breaks down the latest SST developments and how it will impact businesses in the lead up to implementation tomorrow (March 1st) with Ng Sue Lynn, Head of Indirect Tax at KPMG.
In a surprise move, the service tax will now be imposed on maintenance and repair (M&R) services and on top of that it stated that it would be effective Monday, the 26th of February, which led to some confusion around the actual start date for the changes and updates to the SST and its increase.
On top of that there’s been some concern over how broad the term ‘Maintenance and Repair’ is and we also explore changes around how the service tax will be applied to the logistics industry, which has now been brought into the Service Tax fold for the first time.
Presenter: Roshan Kanesan
Producer: Roshan Kanesan, Kishan Sivaswamy
Share:
Recommended
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Recent episodes
0
Latest Stories
Podcasts · Jan 15 · 27 mins
From Breaking Clocks To Saving The Environment
Podcasts · Jan 15 · 43 mins
Top 5 at 5: US TikTok Users Find Refuge in Xiaohongshu
Podcasts · Jan 15 · 45 mins
Orphan Drugs As A Lifeline for Rare Diseases