Requirements and Essentials of Import and Export Procedures and Latest SST Rules and Regulations

351 pages. The paper on 'Requirements and Essentials of Import and Export Procedures and Latest SST Rules and Regulations' was presented by Mr. Goh Kin Siang, Deputy Director of Customs RTD. The seminar on Requirements and Essentials of Import and Export Procedures and Latest SST Rules and Regulations was held on 21 June 2022 via Microsoft Teams. The seminar is aimed to provide useful information on its legislative requirements including transit and trans-shipment as well as on the latest sales and service tax rules which was revised in 2018, sales tax exemption, import and local purchase of raw materials and components, packing and packing materials, and custom clearance. Participants will gain understanding on the correct customs documentations and the import duties offered by AFTA and ATIGA. This seminar will help companies plan their sales and purchase more effectively and in cost-efficient manner, and attend to customs issues. There are three modules discussed which are 1) Legislation and trade compliance & AFTA and FTA, 2) Import and export procedures & Sales tax exemption 3) Customs ruling on application for classification, valuation, taxable person and taxable services & Appeal for unfair judgements