Goods and Services Tax 1 GOODS AND SERVICES TAX BILL 2014 ARRANGEMENT OF CLAUSES Part I PRELIMINARY Clause 1. Short title and commencement 2. Interpretation 3. Meaning of “business” 4. Meaning of “supply” Part II ADMINISTRATION 5. Director General and other officers and their responsibilities 6. Recognition of office 7. Public servants 8. Confidentiality of information Part III IMPOSITION AND SCOPE OF TAX 9. Imposition and scope of goods and services tax, etc. 10. Rate of tax 11. Time of supply 12
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enforceable agreement. The law of contract in Malaysia is govern by the Contracts Act 1950. In this law each party is free to agree or reject the terms of other. The basic theory in contract law is that the outcome of ‘consenting minds’. Parties are judged on what they have done, written or said and not by what is in their minds. There are three types of contracts which are Void contract- this is the kind of contract which has no legal effects. This contract cannot be enforced by law. This contract may
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company is named. It is a manufacture of cement, concrete, and quarry products and provided materials related to construction industrial. Currently it is the second largest cement producer and the largest producer of ready-mixed concrete in Peninsular Malaysia. Cement is an inorganic, non-metallic substance with hydraulic binding properties, and is used as a bonding agent in building materials. It is a fine powder, usually grey in colour, that consists of a mixture of the hydraulic cement minerals to which
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Analysis This report analyzes the ethical dilemma faced by Jextra’s country manager, Tom Chong, who was responsible for Neighbourhood Markets in Malaysia. Jextra Stores was a Hong Kong based company that operated retail stores in China, Hong Kong, Philippines, Malaysia, Thailand, Singapore, and Vietnam. In 2005, the company successfully entered Malaysia, operating supermarkets under the name of Neighborhood Markets (Inkpen, 2010). Jextra identified a promising site in Klang, near the capital of
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from governments, investors and directors alike. Why and how have the law and regulatory bodies in Malaysia kept abreast with these latest developments? Discuss. * S167A Companies (Amendment) Act 2007 stipulates companies to set up effective internal control system to prevent any unauthorized usage of assets and to maintain proper records for the assets. * However, the agency issue among listed companies in Malaysia lies within the controlling shareholder. Expropriation of …. * However
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TUNKU ABDUL RAHMAN PUTRA AL-HAJ Tunku Abdul Rahman Putra Al-Haj ibni Almarhum Sultan Abdul Hamid Halim Shah is Malaysia first Prime Minister after its Independence in 1957. He is well-known as Bapa Kemerdekaan (Father of Independence) or Bapa Malaysia (Father of Malaysia). Tunku who is the seventh prince and twentieth child of Sultan Abdul Hamid Halim Shah was born in Istana Pelamin , Alor Setar in Kedah on February 8, 1903. His mother was Che Manjalara who is the fourth wife of Sultan Abdul Hamid
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As the world changes towards 21st century, the trend in corporate law restructured when Malaysia’s major trading partners focused on the needs of small businesses. Similarly in Malaysia, a new form of business structure is required to enhance and expand business opportunities for entrepreneurs and professionals, a new form of partnership. Based on S.3(1) of Partnership Act 1961 (PA 1961), partnership is the relation which subsists between persons carrying on business in common with a view of profit
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[pic] SCHOOL OF ACCOUNTANCY COLLEGE OF BUSINESS UNIVERSITI UTARA MALAYSIA COURSE CODE : BKAA3023 COURSE NAME : AUDITING AND ASSURANCE II PRE-REQUISITE : AUDITING AND ASSURANCE I _____________________________________________________________________ 1. SYNOPSIS This is a continuation of Audit and Assurance 1. It intends to strengthen and enhance the students’ understanding in auditing. Among the topics that will be discussed are code of ethics, auditors’ liability and in-depth
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92 Singapore Academy of Law Journal (2012) 24 SAcLJ UNILATERAL CONVERSION OF A CHILD’S RELIGION AND PARENTAL RIGHTS IN MALAYSIA The issue of unilateral conversion of a child to Islam by one parent who has embraced Islam and the subsequent tussle over the custody of the child between the disputing parents in the civil court and the Syariah Court has of late ignited controversy in Malaysia. This article seeks to examine the extent of the non-Muslim parent’s right to determine the child’s
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Introduction Q-Q Food Retail Sdn Bhd is selling the Dried Meat product in Malaysia. Brand of this company is called “Oloiya”. It is the first selling dried meat products in Asia. The company total has 30 stores in Nationwide. Q-Q Food Retail Sdn Bhd only had 6 stores are under the company name, and other is the agents. Q-Q Foods Retail Sdn Bhd highest sales in period Chinese New Year. The companies also have other product such as Meat Floss Bread and Local Deli. The vision of this company “To spread
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