Marks confidential 3 acjul 2022tax517 hak cipta

(2 marks)

CONFIDENTIAL 3 AC/JUL 2022/TAX517
3. GenuineLove Sdn Bhd commenced the business of manufacturing handbags on 1
March 2017 and closes its accounts on 31 December each year. On 1 September 2018,
GenuineLove Sdn Bhd started another business manufacturing hair care products such
as hair shampoo, conditioner, and hair styling products which are not related to the
manufacturing of handbags. GenuineLove Sdn Bhd diversified into a wider range of
body care products such as body shampoo and body lotion and incurred a qualifying
capital expenditure of RM220,000 on 1 May 2021 for that purpose.
Determine the reinvestment allowance (RA) (if any) that can be claimed by GenuineLove
Sdn Bhd for YA 2021.
(2 marks)
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CONFIDENTIAL
(2 marks)
The following scenario relates to question 4-6.
Kamal & Khadijah, a taxable person licensed under the Service Tax Act 2018, rendered
advertising services to Moxie Sdn Bhd in the amount of RM195,000 in connection with the
launch of a new product. Kamal & Khadijah also incurred disbursements on behalf of Moxie
Sdn 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 October
2021, Moxie Sdn Bhd paid the full invoice amount to Kamal & Khadijah.
4. Identify the taxable period for the transaction between Kamal & Khadijah and Moxie Sdn
Bhd.

CONFIDENTIAL 4 AC/JUL 2022/TAX517
5. Describe the due date for payment of services tax to the Royal Malaysian Customs
Department (RMCD) for the transaction between Kamal & Khadijah and Moxie Sdn Bhd
under Services Tax Act 2018.
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CONFIDENTIAL