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Marks confidential 3 acjul 2022tax517 hak cipta

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(2 marks)
CONFIDENTIAL3AC/JUL 2022/TAX5173.GenuineLove Sdn Bhd commenced the business of manufacturing handbags on 1March 2017 and closes its accounts on 31 December each year. On 1 September 2018,GenuineLove Sdn Bhd started another business manufacturing hair care products suchas hair shampoo, conditioner, and hair styling products which are not related to themanufacturing of handbags. GenuineLove Sdn Bhd diversified into a wider range ofbody care products such as body shampoo and body lotion and incurred a qualifyingcapital expenditure of RM220,000 on 1 May 2021 for that purpose.Determine the reinvestment allowance (RA) (if any) that can be claimed by GenuineLoveSdn Bhd for YA 2021.(2 marks)
© Hak Cipta Universiti Teknologi MARACONFIDENTIAL(2 marks)
The following scenario relates to question 4-6.Kamal & Khadijah, a taxable person licensed under the Service Tax Act 2018, renderedadvertising services to Moxie Sdn Bhd in the amount of RM195,000 in connection with thelaunch of a new product. Kamal & Khadijah also incurred disbursements on behalf of MoxieSdn Bhd consisting of:Consultancy service amounting to RM42,000 by Amin & Co, excluding service tax. Amin& Co is not a service tax registrant.Fuel charges of RM180 for dispatch of documents.On 15 April 2021, Kamal & Khadijah issued an invoice to Moxie Sdn Bhd. On 31 October2021, Moxie Sdn Bhd paid the full invoice amount to Kamal & Khadijah.4.Identify the taxable period for the transaction between Kamal & Khadijah and Moxie SdnBhd.
CONFIDENTIAL4AC/JUL 2022/TAX5175.Describe the due date for payment of services tax to the Royal Malaysian CustomsDepartment (RMCD) for the transaction between Kamal & Khadijah and Moxie Sdn Bhdunder Services Tax Act 2018.
© Hak Cipta Universiti Teknologi MARACONFIDENTIAL

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