GST Record Keeping

GST Record Keeping

Records must be kept in the principal place of business for at least 7 years, either in soft or hard copy, and they must be either in Bahasa Malaysia or English.

Failure to keep records :

Any person who contravenes Section 36, GST Act 2014, commits ad offence and shall, on conviction, be liable to a fine :

  • not exceeding fine RM50,000 or
  • to imprisonment for a term not exceeding three years or
  • to both

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