Overview

The Ministry of Finance (MoF) has announced that Sales and Service Tax (SST) has come into affect effect in Malaysia on 1st September 2019. Please find more information regarding to this matter in official website.

There are lot of confusion when it comes into SST implementation. We, at senangPay will try our best to make it clear for every merchant. The reason for this implementation is to enable the merchants to impose the tax to their customers only. This wil not affect to the settlement to the merchant.

 

What is SST Rate

The proposed tax rate may vary at 5%, 6% and 10%. Basically 6% is for services and the rest is for the sales.
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Which part will be affected after SST rate is enabled by the merchant?

The rate will be calculated once the merchant choose the SST rate for a certain product. This implementation will only take effect in product pricing. However this SST rate wil be treated as an optional as this matter will be depending on the merchant decision whether to enable the rate or not. The default SST rate will be set to 0%. If the merchant prefer the default setting, the SST rate, will not be appeared in payment form.

Type of products which will may be affected are normal product, recurring instalment and recurring subscription. Universal payment form will not be affected with this changes.

Furthermore, merchant will notice a slight changes in email notification and transaction report.

The merchant’s settlement will not be affected.

Screenshot 1: Sample SST rate selection in product creation 

 

Screenshot 2: Sample SST rate in payment form

 

Screenshot 3: Sample SST rate in transaction summary

 

Screenshot 4: Sample SST rate in transaction receipt

 

How about SST calculation?

Below are the comparison before and after SST implementation.


Item Tax rate Price Before SST After SST
Product A 5% RM 2.00 RM 2.00 RM 2.10
Product B 10% RM 3.50 RM 3.50 RM 3.85

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