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Good & Service Tax (GST)
Is your business ready?
www.cwca.com.my
GST and Business
• GST is not just a tax matter but it’s
business issue and affects every
aspect of it:
• a. Human capital
• b. Finance and administration
• c. Sales & marketing
• d. Procurement
• e. Business efficience
• f. Accountability
• g. Information technology
GST’s Impacts (part1):
• Human Capital: Education, departmental’s
communication and stakeholders’ benefits.
• Finance and Administration: Cash flow,
daily transaction and maximisation of input
tax credit.
• Sales & Marketing: Demand & Pricing
Factors and changes on current contracts.
• Procurement: End of Sales & Service tax
arena, vendors & suppliers with GST.
GST’s impacts (part2):
• Business Efficience: Organisation’s
structure,supply-chainmanagement.
• Accountability:Registration&
Compliance, cancel of SST and
consequences.
• Infomation Technology: IT changes
on system from SST to GST
compliances.

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GST and business

  • 1. Good & Service Tax (GST) Is your business ready? www.cwca.com.my
  • 2. GST and Business • GST is not just a tax matter but it’s business issue and affects every aspect of it: • a. Human capital • b. Finance and administration • c. Sales & marketing • d. Procurement • e. Business efficience • f. Accountability • g. Information technology
  • 3. GST’s Impacts (part1): • Human Capital: Education, departmental’s communication and stakeholders’ benefits. • Finance and Administration: Cash flow, daily transaction and maximisation of input tax credit. • Sales & Marketing: Demand & Pricing Factors and changes on current contracts. • Procurement: End of Sales & Service tax arena, vendors & suppliers with GST.
  • 4. GST’s impacts (part2): • Business Efficience: Organisation’s structure,supply-chainmanagement. • Accountability:Registration& Compliance, cancel of SST and consequences. • Infomation Technology: IT changes on system from SST to GST compliances.