Related Topics:| Tax Advice | Sales Tax

Can a manufacturer be exempted from licensing?

A manufacturer of taxable goods whose total sales value did not exceed RM100,000 in the preceding year and is not expected to exceed RM100,000 during the next twelve months may apply for a certificate of exemption from licensing. The certificate is renewable on a yearly basis. However, such manufacturer may choose to be licensed in order to enjoy tax free inputs.

 

In addition, certain manufacturing operations are also exempted from the licensing requirements. They include the development and printing of photographs and production of film slides, preparation of ready-mixed concrete, repacking of bulk goods, repair of second hand goods and the installation of air conditioners in motor vehicles.


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