Monday, 13 October 2014

List of GST-exempt items

The Malaysian Government published a gazette in its official website a full 6 months prior to the implementation of GST.
GST-Exempted Food Items but not limited to:
  • Rice 
  • Flour
  • Bread 
  • Biscuits.
  • Noodles
  • Sugar
  • Salt
  • Cooking oil
  • Tea
  • Coffee
  • Fruits
  • Lentils
  • Vegetables (including spinach)
  • Fish & Crustaceans
  • Meat sourced from bovine animals, swine, sheep and poultry.
GST- Exempted Non Food Items:
  • First 300 units of electricity to domestic consumers irrespective of minimum or non-usage for a minimum period of 28 days as per billing cycle is also zero-rated
  • Water
  • RON95 Petrol
  • Dictionaries
  • Encyclopaedias
  • Reference books
  • Newspapers
  • Residential property
  • Loan financing and hire purchase
  • Life insurance
  • Educational services including private education
  • Tolled highways
  • Gold,silver and platinum, in the form of a bar, ingot or wafer
  • Currency exchange service
You can find the full list of exemptions here

Start buying cars, servicing your cars/tyres, buy your white goods and electronic gears before April 2015.

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