gst in malaysia seminar brochure kl png

8/13/2019 GST in Malaysia Seminar Brochure KL Png

1/9

12 May 2010 8.45am 5.30pm Parkroyal Kuala Lumpur

Practical Planning to GST ImplementationGoods & Services Tax (GST) in Malaysia

How will GSTaffect the business

environment?

What are theimplications tobusinesses?

How will GST work?

How to manage thetransition to GST?

Organised bySupporting Organisation


2/9

What This Seminar Offers?

Who Should Attend?

The postponement in the second reading of the Goodsand Services Tax (GST) Bill at the recent Parliament

session has caused a lot of uncertainty in the business

arena. The private sector has highlighted the need for

lead time for potential changes in business processes

in the implementation of GST.

The impact of GST registration can be extensive to a

business. It can impose additional record-keeping

requirements and changes to the treatment of the

companys products and services. Indirect taxationis also likely to impact cash flow, pricing strategies,

business contracts and day-to-day accounting for sales

and purchases.

Given the impact of GST on business operations, the

question now is How can we better prepare for

GST implementation?

The one-day GST seminar organised by CCH Executive

Eventswill provide guidance on an action planandpractical implementation techniquesin responding

to GST. Backed by a panel of leading tax experts,

the event will also examine the practical issues and

challenges faced by businesses, and how to better

manage these issues. Join us to gain a comprehensive

understanding on GST implementation in Malaysia.

n Analysis on the new GST tax regulations in

Malaysia and its requirements

n Understanding of practical planning

issues and how GST passes through the

accounting books

n Expert advice and tips in creating GST

action plans and getting your company GST

ready

n Insight on overcoming potential errors and

avoiding pitfalls in GST implementation

n Guidance on minimising possibility of costly

penalties by getting your GST returns right

n Lessons to be learnt on how to manage the

transition to GST

n Panel discussions on key challenges in

preparing for GST and how to go about it

n Networking opportunity with peers,

customers, government and industry

experts

n Company Directors and Chief Executives

n Financial Controllers and Finance

Managers

n Tax Consultants

n Tax Executives and Plannersn Auditors

n Accountants

n Corporate Advisors

12 May 2010 8.45am 5.30pm Parkroyal Kuala Lumpur

Practical Planning to GST ImplementationGoods & Services Tax (GST) in Malaysia

COMPLIMENTARY Reference Guide

Each participant will get a copy of

CCH GST Toolkit a quick implementation

guide to GST in Malaysia


3/9

Panel Discussionn Latest developments in the Goods and

Services Tax (GST) Bill

n Treatment on specific sectors

n Where to go from here?

Networking Lunch

Managing the Practical PlanningIssues in the Transition to GST

n Preparing business and accounting

processes to reflect GST accurately

n How does GST pass through the books?

n Practical view: issue tax invoices, credit notes

and debit notes, GST payments and filling

returns

n Preparing GST returns

Michael Hendroff, Director Indirect Tax

Practice, KPMG Tax Services

Potential Errors and How toAvoid Them

n Potential errors

n Conditions for filing of GST error returns

n Making GST adjustments

Peter Devlin, Executive Director &

GST Leader, Deloitte Malaysia

Afternoon Refreshments

Salient Legal Issues: How to Runthe Gauntlet and Survive

n Key GST legal issues to watch out for

n

An overview of GST offences and penaltiesn Comparative GST / VAT case law

n GST disputes and appeals

Anand Raj, Advocate & Solicitor, Partner,

Shearn Delamore & Co.

Panel Discussion

n Key challenges in preparing for GST in

Malaysia and how to overcome them

n Practical planning issues and common

mistakes made

End of Programme

PROGRAMMEWednesday, 12 May 2010

8.45am

9.00am

9.45am

10.30am

10.45am

11.30am

Welcome AddressDr. Veerinderjeet Singh, Managing Director,

Taxand Malaysia

The GST Framework

n Tax policy aspects

n Why GST? Rationale behind the

proposed GST

n Salient aspects of the proposed GST model

in Malaysia

n Administrative issues

Dr. Veerinderjeet Singh, Managing Director,Taxand Malaysia

The Rationale and Developmentsof GST

n Governments intention of introduction

of GST

n The proposed model for Malaysia

n Impact on the rakyat, businesses, economy

and government

Wan Leng Whatt, Deputy Director of

Customs Royal Malaysian CustomsDepartment, Ministry of Finance

Morning Refreshments

GST Implementation Plan

n Getting your organisation ready an optimal

GST implementation strategy

n Practical issues on GST implementation

and the resolutions thereof

n Developing a clear roadmap and

post-implementation plann Maximising opportunities, managing risks

and complying with requirements

Bhupinder Singh, Partner,

Ernst & Young Tax Consultants

Reviewing the Industry Guidelines

n Types of GST exemptions

n Treatment for specific sectors (including

special schemes)

n Impact of the industry guidelines on

businessn Preparing for action plans and next steps

Raja Kumaran, Executive Director,

PricewaterhouseCoopers Taxation Services

12.30pm

1.00pm

2.00pm

2.45pm

3.30pm

3.45pm

4.30pm

5.30pm


4/9

DR. VEERINDERJEET SINGH n Managing Director, Taxand Malaysia Sdn BhdDr. Veerinderjeet has had extensive experience in tax matters both as an academic as well as at a professional level. He has served withthe Malaysian Inland Revenue Department, has worked in international accounting firms and has held the position of Associate Professor

in Taxation and Head of the Division of Accounting at the Faculty of Economics & Administration, University of Malaya. He has served asan Executive Director in the Malaysian tax practice of two of the then Big 5 international accounting firms. He is the Managing Directorof TAXAND MALAYSIA Sdn Bhd (a boutique tax consultancy practice which offers tax advisory services) which is a member firm of the

TAXAND Global network, an alliance of tax firms worldwide offering independent tax advice. He is a member of the TAXAND Coordination Team and alsotakes charge of the Asia Pacific Knowledge & Training initiatives of the TAXAND network. He is also currently President of the Chartered Tax Institute ofMalaysia, a Council Member of the Malaysian Institute of Certified Public Accountants and has served as a Council Member of the Malaysian Institute ofAccountants. He has been actively involved in contributing his views to the Ministry of Finance on the GST framework for Malaysia.

WAN LENG WHATT n Deputy Director of Customs Royal Malaysian Customs Department, Ministry of FinanceWan has 30 years of experience of indirect tax matters especially in the areas of service tax and sales tax. He is currently attached with theGST Special Unit of the Royal Malaysian Customs Department and is part of the MOF/Customs team responsible for setting up of the Goodsand Services Tax policies and model. As part of the GST team, Wan has visited Canada, UK, Netherlands, Australia, New Zealand, Thailandand Singapore to gather knowledge and study various countries VAT/GST practices and treatment. He is also involved with the draftingof the GST Bill which had been tabled in the Parliament for the first reading on 16 December 2009. Being an experienced member, he

has been leading the GST team to discuss GST issues on financial services with banks, insurance companies and other financial institutions. Besides that,

he is actively engaged in many public consultations, seminars and briefings with various industries, businesses, government agencies, associations andconsumers as well as answers questions pertaining to GST issues and treatment.

BHUPINDER SINGH n Partner, Ernst & Young Tax Consultants Sdn BhdBhupinder leads the GST team in Ernst & Youngs Malaysia office. He has more than 20 years experience in providing consulting andcompliance services involving national and cross border indirect tax issues. He serves a wide range of multinational clients which includeairlines, shipping, telecommunication, petroleum, automobile, banking and the insurance industry (both conventional and Islamic). Inorder to equip himself with the necessary GST knowledge and skills, Bhupinder has visited several global offices of Ernst & Young. Heis recognised and respected in Malaysia in the area of GST knowledge and is a regular speaker at public seminars. He has contributed

many articles on GST and indirect tax issues to newspapers and leading journals. He has also been invited by industry sectors to be involved in dialogues/discussions with the Tax Review Panel on specific industry issues and propose recommendations to assist in resolving practical issues.

RAJA KUMARAN n Executive Director, PricewaterhouseCoopers Taxation Services Sdn BhdRaja has 34 years of indirect taxation experience having previously served as a senior officer with the Customer Department. He waspart of the MOF/Customs Sales and Services Tax (SST) team responsible for drafting the SST law in early 90s. He was also part of thedelegation which visited the UK, Netherlands and Singapore to study issues on the implementation of GST/VAT in those countries. Raja hasextensive knowledge on customs administration, import/export procedures, classifications, valuation, licensing, compliance and is wellversed with the Customs Act, Excise Act, Service Tax Act, Sales Tax Act, the Countervailing and Anti Dumping Act, the ASEAN Preferential

Trading Arrangements (PTA) and the Common Effective Preferential Tariff (CEPT) Scheme. He has worked with multinational clients from various industriesincluding automotive, telecommunications, manufacturing, trading, property development, oil and gas and information technology. Raja is currentlythe Convenor of the Trade Facilitation Sub-Committee for the Malaysian International Chamber of Commerce and Industry (MICCI) and brings specialistknowledge in the evolution of tax legislations.

MICHAEL HENDROFF n Director Indirect Tax Practice, KPMG Tax Services Sdn BhdMichael over 15 years experience and advises clients on indirect tax matters, covering sales tax, service tax, customs, excise duties and GST.He is currently a director in the Indirect Tax division of KPMG Tax Services in Malaysia and deals mainly with tax incentives, duty exemption,classification for large scale projects, WTO valuation for imports and GST implementation programs for clients. Michael is a member ofthe Malaysian Industries of Commerce and Companies Information (MICCI) Trade Facilitation Sub-Committee. He has a good workingrelationship with various governmental agencies such as the Customs, Ministry of Finance (MOF), Ministry of International Trade and

Industry (MITI), Malaysian Industrial Development Authority (MIDA) and the Tax Review Panel.

PETER DEVLIN n Executive Director & GST Leader, Deloitte MalaysiaPeter has been assisting numerous companies in the financial services industry, including banks and insurance companies, as well as thetelecommunications and manufacturing sectors with GST implementation for Malaysia. Prior to joining Deloitte, Peter worked with theCanadian Department of National Revenue in the GST Policy and Legislation branch, before leaving to work in Indirect Tax consulting rolesin Australia, Ireland and Singapore. Peter has also spent the past four years working in Malaysia as a member of the GST implementationteam with another tax consulting firm. In both Australia and Malaysia, Peter has worked on large scale multi disciplinary GST implementation

projects. He has also been advising Malaysian clients on pre/post GST planning strategies. With over 15 years in indirect tax consultancy experience,including GST implementation expertise, Peters extensive experience in the operations of GST and VAT systems around the world will provide another levelof technical expertise and practicality which is of utmost importance in the implementation of the GST in Malaysia.

ANAND RAJ n Advocate & Solicitor, Partner, Shearn Delamore & Co.Anand has been a member of Shearn Delamore & Co.s Tax and Revenue Practice Group from 1996 and has been a partner of the firm since2003. Shearn Delamore & Co. has been recognised as, amongst others, the Malaysia Tax Litigation Firm of the year for 2007, 2008 and 2009by the International Tax Review at the annual Asia Tax Awards. Anand has extensive experience in all aspects of tax and revenue lawadvisory, structuring, planning, litigation, transfer pricing, audit and investigation work. Anand has appeared as Counsel for taxpayersbefore the Malaysian courts and a number of his cases have been reported. He has prepared and presented papers on Malaysian Tax and

Revenue Law at domestic and international forums. Anand has written articles and contributed to domestic and international tax and accounting journalsand is one of the authors of CCHs Malaysian Revenue Guidelines and Public Rulings.

DISTINGUISHED SPEAKERS


5/9

Registration FormSEMINAR DETAILS

Goods & Services Tax (GST) in Malaysia (0110MCE)

Date:12 May 2010

Time:8.45am - 5.30pm

Venue: Parkroyal Kuala Lumpur

ENQUIRIES

Sarah:03.2052.4608 / 016.255.7013

Fax:03.2026.7003

Email: [email protected] Website:www.cch.com.my

Address:Commerce Clearing House (M) Sdn Bhd

Suite 9.3, 9th Floor, Menara Weld, No. 76, Jalan Raja Chulan,50200 Kuala Lumpur, Malaysia.

Company

Address

Tel Fax

Nature of Business Company Size

Contact Person Email

CCH Executive Events Corporate Member CCH Subscriber Non-Subscriber/Non-Member

TERMS & CONDITIONS

Registration & ConfirmationRegistration will only be confirmed upon receipt of completed registration form. A confirmationemail will be sent to you from CCH to confirm your registration for the event.

PaymentPayment must be received prior the event. Please refer to Payment Options for payment details.

CancellationFull payment will be imposed if cancellation is made after 28 April 2010. This also applies tono show on the day of event. In such cases, a complete set of course materials will be sent toyou at no additional charge. Notice of cancellation must be made in writing via email/ fax andacknowledged by CCH.

SubstitutionA substitute delegate is allowed at no extra charge if you are unable to attend. Please inform

CCH of the replacement in writing at least one week before the event.

Programme ChangesCCH reserves the right to cancel or make changes to the programme without any notification.

HRDF ClaimsThis workshop is HRDF-SBL claimable, subject to the approval of HRDF.

Important NoticePursuant to the provisions of the DIRECT SALES ACT 1993, the registration form herein shallonly be used by body corporate. Since Commerce Clearing House (M) Sdn Bhd is unable toaccept any individuals who are not body corporate, individual applicants who wish to attendare requested to register themselves at Suite 9.3, 9th Floor, Menara Weld, 76 Jalan Raja Chulan,50200 Kuala Lumpur, Malaysia or call us for registration procedure.

Early Bird Fee(RM)

(by 26 April 2010)

Regular Fee(RM)

(after 26 April 2010)

560

640

720

640

720

800

By Cheque

( Bank Cheque No. )

nCrossed cheque made payable to:Commerce Clearing House (M) Sdn Bhd

By Credit Card MasterCard Visa

Cardholders Name

Card No.

Expiry Date Amount

Cardholders Signature

*Fee includes seminar materials, certificate of attendance, refreshments & lunch

I have read the Terms & Conditions and agree to abide by them.

Signature & Company Stamp Date

Salutation Mr Mrs Ms Dr

Name

Job Title

Email Tel

Special Dietary Requests (if any)


Name

Job Title

Email Tel


*Terms&Conditionsapply

CCH Executive Events

Corporate Member

CCH Subscriber

Non-Subscriber / Non-Member

PAYMENT OPTIONS

DELEGATE 1 DELEGATE 2

ENROLMENT STATUS


6/9

17 May 2010 9.00am 5.00pm Traders Hotel, Penang

Preparing for GST - Practical Planning toGST Implementation

How will GST

affect the business

environment?

What are the

implications to

businesses?

How will GST work?

How to manage the

transition to GST?

Organised bySupporting Organisation


7/9

What This Workshop Offers?

Who Should Attend?

The postponement in the second reading of the Goodsand Services Tax (GST) Bill at the recent Parliament

session has caused a lot of uncertainty in the business

arena. The private sector has highlighted the need for

lead time for potential changes in business processes

in the implementation of GST.

The impact of GST registration can be extensive to a

business. It can impose additional record-keeping

requirements and changes to the treatment of the

companys products and services. Indirect taxationis also likely to impact cash flow, pricing strategies,

business contracts and day-to-day accounting for sales

and purchases.

Given the impact of GST on business operations, the

question now is How can we better prepare for

GST implementation?

The one-day GST workshop organised by CCH

Executive Eventswill provide guidance on an actionplan and practical implementation techniques in

responding to GST. The workshop will also provide

insight on this new indirect taxs impact on business

operations and the special schemes available based

on industry guidelines. Join us to gain a comprehensive

understanding on GST implementation in Malaysia.

n Analysis on the new GST tax regulations in

Malaysia and its requirements

n Understanding of practical planning

issues and how GST passes through the

accounting books

n Expert advice and tips in creating GST

action plans and getting your company GST

readyn Insight on overcoming potential errors and

avoiding pitfalls in GST implementation

n Guidance on minimising possibility of costly

penalties by getting your GST returns right

n Lessons to be learnt on how to manage the

transition to GST

n Company Directors and Chief Executives

n Financial Controllers and Finance

Managers

n Tax Consultants

n Tax Executives and Planners

n Auditors

n

Accountantsn Corporate Advisors

17 May 2010 9.00am 5.00pm Traders Hotel, Penang

Preparing for GST - Practical Planning toGST Implementation

COMPLIMENTARY Reference Guide

Each participant will get a copy of

CCH GST Toolkit a quick implementation

guide to GST in Malaysia


8/9

SHANMUGANATHAN GOVINDA KONALSenior Manager TaxErnst & Young Tax Consultants Sdn Bhd

Shan is the Senior Manager in charge of Indirect Taxes

(including GST) and Incentive at the Ernst & Young Tax

practice in Penang. Prior to joining Ernst & Young he was

with the Royal Customs Department where he served as

a Senior Officer in various divisions of the department for

more than 13 years. At Ernst & Young, he advises his clients

on issues involving import duties, export duties, sales/

service tax procedures and facilities, Free Zones, Licensed

Manufacturing Warehouses and the proposed GST. He hasalso assisted many multinational and local companies on

various issues relating to start-up operations like regulatory

and licensing requirements/procedures, income tax

exemptions/incentives under the Promotion of Investment

Act 1986 as well as The Income Tax Act 1967, customs

procedures including refund/drawback, customs duties

exemption and immigration related matters like obtaining

expatriate key/term positions. Shan is a Fellow member of

the Chartered Association of Certified Accountants (ACCA)

and a member of the Malaysian Institute of Accountants

and the Chartered Tax Institute of Malaysia.

CYNTHIA LIANAdvocate & SolicitorShearn Delamore & Co

Cynthia was admitted as an Advocate & Solicitor of the

High Court of Malaya in 2005 after obtaining an LLB (Hons)

degree from the University of Northumbria, Newcastle

Upon Tyne in 2003 and the Certificate of Legal Practice in

2004. Cynthia has been a member of Shearn Delamore &

Co.s Tax and Revenue Practice Group since 2005. ShearnDelamore & Co. has been recognised as, amongst others,

the Malaysia Tax Litigation Firm of the Year for 2007,

2008 and 2009 by the International Tax Review at the

annual Asia Tax Awards. Cynthia practices in all aspects

of tax and revenue law advisory, structuring, planning,

dispute resolution (including advising taxpayers on the

settlement of tax cases with the Revenue or in dealings with

governmental authorities), litigation, transfer pricing, audit

and investigation work. She has appeared as Counsel for

taxpayers before the Special Commissioners of Income Tax

and the Appellate Courts of Malaysia.

PROGRAMMEMonday, 17 May 2010

The GST Framework and Action Plans

n Why GST? Rationale for implementing GST

n Salient aspects of the proposed GST model in

Malaysia

Concept of GST

Scope of GST

Concept of supply

Time, place, type and value of supply

n Registration for GST and preparations needed

GST Implementation Plan

n Getting your business ready for GST

n Practical issues on GST implementation and the

resolutions thereof

Accounting for GST and Practical Planning Issues

in Transition to GST

n Preparing business and accounting processes to

reflect GST accurately

n How does GST pass through your books

n Tax invoices and adjustments

n Preparing and filing GST returnsn GST payments

Industry Guidelines Special Schemes

Available

n Agents

n Warehousing Schemes

n Approved Traders Schemes

n Approved Toll Manufacturers Scheme

Salient Legal Issues: How to Run the Gauntlet

and Survive

n Key GST legal issues to watch out for

n An overview of GST offences and penalties

n Comparative GST / VAT case law

n GST disputes and appeals

Panel Discussion

n Key challenges in preparing for GST in Malaysia and

how to overcome them

n Practical planning issues and common

mistakes maden Where to go from here?


9/9

Registration FormWORKSHOP DETAILS

Preparing for GST Practical Planning to GST Implementation

(1210MTE)

Date:17 May 2010

Time:9.00am - 5.00pm

Venue: Traders Hotel, Penang

ENQUIRIES

Mary Au:012.418.2616

Fax:04.899.8069

Email: [email protected] Website:www.cch.com.my

Address:Commerce Clearing House (M) Sdn Bhd

Suite 9.3, 9th Floor, Menara Weld, No. 76, Jalan Raja Chulan,50200 Kuala Lumpur, Malaysia.

Company

Address

Tel Fax

Nature of Business Company Size

Contact Person Email

CCH Executive Events Corporate Member CCH Subscriber Non-Subscriber/Non-Member

TERMS & CONDITIONS

Registration & ConfirmationRegistration will only be confirmed upon receipt of completed registration form. A confirmationemail will be sent to you from CCH to confirm your registration for the event.

PaymentPayment must be received prior the event. Please refer to Payment Options for paymentdetails.

CancellationFull payment will be imposed if cancellation is made after 4 May 2010. This also applies tono show on the day of event. In such cases, a complete set of course materials will be sent toyou at no additional charge. Notice of cancellation must be made in writing via email/ fax andacknowledged by CCH.

Substitution

A substitute delegate is allowed at no extra charge if you are unable to attend. Please informCCH of the replacement in writing at least one week before the event.

Programme ChangesCCH reserves the right to cancel or make changes to the programme without any notification.

HRDF ClaimsThis workshop is HRDF-SBL claimable, subject to the approval of HRDF.

Important NoticePursuant to the provisions of the DIRECT SALES ACT 1993, the registration form herein shallonly be used by body corporate. Since Commerce Clearing House (M) Sdn Bhd is unable toaccept any individuals who are not body corporate, individual applicants who wish to attendare requested to register themselves at Suite 9.3, 9th Floor, Menara Weld, 76 Jalan Raja Chulan,50200 Kuala Lumpur, Malaysia or call us for registration procedure.

Early Bird Fee(RM)

(by 28 April 2010)

Regular Fee(RM)

(after 28 April 2010)

800

900

900

1000

By Cheque

( Bank Cheque No. )

nCrossed cheque made payable to:Commerce Clearing House (M) Sdn Bhd

By Credit Card MasterCard Visa

Cardholders Name

Card No.

Expiry Date Amount

Cardholders Signature

*Fee includes workshop materials, certificate of attendance, refreshments & lunch

I have read the Terms & Conditions and agree to abide by them.

Signature & Company Stamp Date


Name

Job Title

Email Tel



Name

Job Title

Email Tel


*Terms&Conditionsapply

CCH Executive Events

Corporate Member / Subscriber

Non-Subscriber / Non-Member

PAYMENT OPTIONS

DELEGATE 1 DELEGATE 2

ENROLMENT STATUS

gst in malaysia seminar brochure kl png

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