To ensure you

GST : IMPLEMENTATION For Manufacturing & Trading - Registration and Compliance 23 January 2015 ( 9 – 7 PM ) |

DR CHOONG KWAI FATT |

ALOFT, KUALA LUMPUR SENTRAL 5

www.synergytas.com/gstimplementation

HRDF Claimable (Subject to employer’s application to PSMB)

10 CPD

GST is Malaysia’s new tax system which affects

all walks of life, it will change the way we do

business, purchasing policies and record

keeping be it a small or multinational

companies.

Synergy TAS Bringing you the best seminars in town...

THIS COURSE COVERS CORE AREA OF GST,

IT IS APPLICABLE TO MANUFACTURING &

TRADING.

BEFORE YOU EMBARK ON GST IMPLEMENTATION

WELCOME

We are thrilled that you are interested in GST

Implementation for Manufacturing & Trading, the GST

course is created exclusively for commercial

companies, particularly from the industry from

manufacturing & trading.

Our mission is to help you expedite the learning curve.

The solutions to problem which will eat into the

already limited time left for GST implementation

which at this point you may not even know it exists.

Whether you are new to GST or have attended the 10

days GST course conducted by Royal Malaysian

Customs (RMC). We are here to enable your business

to be turned into an even more profitable one by

incorporating the missing key ingredient to GST

implementation.

Best wishes,

Synergy TAS

To ensure participants derived maximum

benefit during each GST Implementation

seminar, we alter the content according to

burning questions submitted and the industry

from manufacturing and trading.

3

Well researched content to

shorten your learning curve

Provide step by step approach to ease GST Implementation

An examination of answer to tough yet practical questions

by Manufacturer and Trader

Guide to selection of GST software

Guide to avoid pitfall in GST Implementation

Identify potential technical errors in GST implementation

SEMINAR’S

OBJECTIVE

4 Objective

6 What is the seminar about

8 Why this seminar is special

9 Who is it for

10 About speaker

12 Program timeline

15 Pricing

16 How to enrol

18 Contact us

Table Of Content

5

GST IS COMING FOR REAL

Since the announcement of GST to be implemented with effect from 1 April 2015 and the gazetting of GST Act 2014, GST seems to be a nightmare haunting for some businesses and also the driving force for GST Implementation especially on business entrepreneur, corporate directors, and also those involve in administrative matters, not forgetting the accountants with the increased workloads and GST risks.

GST

6

“ The "time bomb" is

ticking and requires

business operator and

decision maker to act

immediately to guard

against easily avoided tax

risk and loss out on tax

planning opportunities. “

Ease your transition into the new tax era of Goods and Services Tax.

Malaysian taxation will never be the same. It does not only change the

tax law, it will also change the way we do business, record keeping and

documentation

GST

7

∞

This is not your ordinary GST seminar_

We focus on “how-to” implement GST for Manufacturer and Trader

GST is growing on a

continuous and progressive

manner, with new guides

and ruling being introduced

by Royal Malaysian

Customs (RMC),

the content listed is

not exhaustive,

it will be further expanded.

GST Implementation for Manufacturing and Trading’s comprehensive content, with the objective to get you

ready for GST implementation. As opposed to the conventional and general “knowledge” based seminar which

provide the answer to “what is” GST, this event is designed to provide the highly sought depth and answer to

tough implementation issues.

NOT THE ORDINARY WHAT IS GST SEMINAR.

When you look at the content below, please see them from the perspective of “how to” implement GST.

Module 1 :Foundation to GST [Question of Supply]

(a) The technical concern of GST being a consumption tax

(b) The implication of supply, mix supply and deemed supply

(c) Valuation concept on supply

(d) Rate of GST : standard rate, zero rated and exempt

Module 2 : Invoicing & output tax

(e) Designing tax invoice to capture GST output and

other invoice’s features

(f) Advanced aspect to GST treatment on goods returned,

treatment of stock written off

8

Module 5 : Registration & GST

Compliances (GST returns and

payments)

(l) Whether to obtain GST

registration with RMC office

and obtain a voluntary

registration

(m) Go or not to go for group

registration

(n) GST Compliance matters

Module 6 : Contentious issues

(o) The scope and meaning of a

“good accounting system” as

required by Royal Malaysian

Customs

(p) Technical errors possible to

be accounted with GST

implementation

(p) Various contentious issues

submitted as burning question

(HOT!!!) – This is our favorite part

of the event, where practical and

Module 3 : Computation of

Input tax credit

(g) Identifying purchases and

overhead expenses (with

GST paid), that can qualify

for input tax refund/credit

to be deducted from GST

output

(h) Question of gift and

promotional expenses

(l) Incentive scheme of

manufacturers

Module 4: Transitional issues

(j) Treatment of bad debts

(k) Transition from existing

indirect tax into GST

The workshop also includes GST administration on:

(a) How to carry out GST returns, book recording, and

payment of GST

(b) Claiming a refund on GST paid on input

(c) Group registration for GST

As more implementation matter is announced by RMC, the content will be updated.

Knowledge is important; Implementation plan is also the main focus for this seminar.

9

Who is it for_

GST Compliance Officer (Personnel involved in implementing GST) The one who is given the honours and duty to figure out how to implement GST in your organisation. Decision Makers (CEO, CFO, General Manager and Financial Controller) Major changes and substantial decision making has to be made to embed GST into company’s activities and affect substantial buying , selling and conclusion of contracts.

Administrative managers You are the one who will oversee the purchase and distribution of goods in your company. It is the right time to learn up on the implementation of GST. How your action need to be refined to embed GST system into your operation.

Professionals (auditor, tax agents and company secretary) The advisors to businesses please gear up and patch up your dose of GST knowledge and implementation action plan. Auditor has a substantial role to play during transitional period. The next level is GST for Practitioner.

Accountants Applying a new MFRS is tough enough, what more a whole new GST system which is transactional based and cut across all transactions in your entity. The record keeping and recording of historical transaction has a new role to play, it is paramount important for you to understand all the ins and outs of GST implementation. How it will affect your documentation from now onwards and all the compliance requirements and thresholds table involved. There are ample work to prepare before the shift.

IT personnel For those involved in designing software that is to be used in GST implementation. Implementation of GST is transactional based. The aid of accounting software with GST’s features has never been so crucial for taxation until now

THIS SEMINAR COVERS CORE AREA OF LEARNING FOR GST,

FOR MANUFACTURING & TRADING INDUSTRIES. * APPLICABLE EVEN TO THOSE WHO HAVE NO BASIC KNOWLEDGE ABOUT GST.

BUT UNDERSTANDING OF DOUBLE ENTRY IS RECOMMENDED.

10

About Speaker_

Get to know more about your wonderful speaker

DR CHOONG KWAI FATT is the pioneer in GST. He is appointed by the Ministry of Finance as one of the panel members reviewing tax reforms in Malaysia, inclusive of the formulation of GST. With his research work on GST being published in 2006 and articles in 2007.

He has more than 24 years’ experience of providing consultancy services to listed companies, audit firms and the Government. Dr Choong is a highly sought GST & tax consultant and speaker. He is highly qualified with both professional accounting qualification and legal qualification. With chartered accountancy from 6 professional bodies and called to bar as an Advocate and Solicitor in Malaysia. Also an avid researcher equipped with a PhD in taxation.

He has won various awards for excellent in tax research and published GST & taxation articles in reputable

journals in and outside Malaysia. His research works have been quoted in many tax cases and have

influenced the formulation of tax policy in Malaysia.

He is known by attendee of his seminar as a man with heart of gold. He is passionate about helping the tax

professionals, accountants, senior executive, lawyers and business owners to enhance in taxation skills,

knowledge and wealth through mitigating of GST risk and implementation. Having more than 20 years of

experience in public speaking, participants love him for this passion in taxation and ability to make complex

tax concept understandable by different walks of life.

He is the expert of experts in terms of GST & tax planning, where he provided advice and personally trained

corporate accountants and professional firms on tax planning and GST implementation. Get ready to take

good notes when you attend his GST implementation seminars. DR CHOONG KWAI FATT

Tax Consultant, Advocate and Solicitor (High Court of Malaya)

B.Acc(Hons)(Malaya),LL.B(Hons)(London), CLP, MCL(IIUM),PhD(IIUM), FCCA(UK), CPA(M), CA(M), ACA(ICAEW), , CA(Aust.),CPA(Aust.), CGA(Can), FCCS.

What people says about him :

“This is so worth it.”

“Good job, good job”

11

Get

POINT TWO : GREAT MATERIALS

This is an industry specific GST Implementation

seminar organized by Synergy TAS. It is foreseen to

be taken up very quickly.

We place emphasis on providing great materials.

We give structure to what you need to learn, by

inserting the context.

In addition, the content of the seminar is

customized according to attendee of the seminar.

Dr Choong prepares the seminar material based

on questions raised within the industries. As such

the contents expand according to attendee with

focus being placed on GST concerns faced and its

solution presented during the seminar.

3 THINGS YOU SHOULD KNOW BEFORE ENROLLING FOR THIS EVENT

POINT THREE : WE LISTEN TO YOUR CONCERNS

Most seminar focus on one side communication,

the speaker speaks while you listen. In GST

Implementation, we focus on you, listening before

we speak.

We crafted a special section where you can submit

your “burning question” before attending the

seminar. It is our fundamental policy to provide

answer to your technical GST questions. Where we

will based on burning question submitted to

expand on the content presented during seminar.

2 hours is allocation to address burning GST

questions.

GST Implementation is the most highly demanded

GST seminar, and we know the reason why.

POINT ONE : UNIQUE CONTENT,

OUTSTANDING SPEAKER

Other GST seminar focus on just scratching

the surface of “what is GST”, we specifically

design this seminar to be practical in nature.

We focus on not just “what is GST”, also on

“how to implement GST”.

Conducted by renown speaker, author and

consultant, Dr Choong Kwai Fatt. His

experience as member of Malaysia tax

review board is invaluable.

12

Program Timeline_ 23 January 2015 The estimated timeline to master GST implementation and registration concerns

8.30 AM REGISTRATION & BREAKFAST

(BREAKFAST PROVIDED)

9.00 AM GST registration with Royal Malaysia Customs (RMC)

and obtain a GST license

Concept of “consumption” tax and its mechanism

Designing tax invoice to capture GST output

Identifying purchases and overhead expenses (with

GST paid) that can qualify for input tax refund/credit

to be deducted from GST output

10.15 AM BREAK (SNACKS PROVIDED)

10.30 AM Studying whether group registration is beneficial for

your company

Suggesting software to be used for GST compliance

Treatment of bad debts

12.30 PM Lunch (Meal Provided) / Friday Prayer

2.00 PM GST treatment on goods returned, treatment of stock

written off

20 November 2014

13

Claiming a refund on GST paid on input

Group registration for GST

5.00 PM Q & A Session

7.00 PM

End of live event

Transition from existing indirect tax in GST

The scope and meaning of a "good accounting

system" as required by Royal Malaysian Customs.

GST Rates: standard rate, zero rated and exempt

3.00 PM BREAK (SNACKS PROVIDED)

3.15

How to carry out GST returns, book recording, and

payment of GST

Group registration for GST

Burning Question Highlight of this event is the 2 hours Q & A session. Where participants

will address their GST concerns and get them answered by Dr

Choong. Various companies have found this to be extremely useful

and practical, the opportunity to tap into the speaker’s insight on

issues arising in their company is priceless. Email us two of your GST

Burning Questions to be addressed by the speaker during Q & A

session after payment is made.

Send us your burning

questions on GST !

14

Why participants love us_

May be you will like us for the same reason

Content not exhaustive

Taxation is a field which grows

continuously be it arising from

the parliament, the court or the

Custom authority. As such the list

of topics covered is not

exhaustive. We will add on new

current topics as it arises until the

event day to ensure we bring you

a seminar packed with maximum

GST implementation ideas.

4 hours Q & A

This is the highlight of the event.

2 hours of non-stop QUESTION AND

ANSWER by the expert on your GST

concerns on each day of the seminar.

GST implementation is about knowing

the strategy to apply in specific

scenario to maximise tax saving in a

legal manner. Sharing of such

experience is vital to both

practitioners and decision maker / GST

implementer.

HRDF claimable Seminars conducted by Synergy TAS are eligible for HRDF claims under the Skim Bantuan Latihan (SBL) Scheme, subject to prior application to HRDF by the employers and its approval.

Expert of the experts

We engage Dr Choong Kwai Fatt to conduct this GST seminar. Tap into the creative yet practical mind of Dr Choong.

10 CPD

10 CPD is awarded and certification.

Our participants came from

different professional bodies. We

partner with the university to

provide you with a certification

accepted by the various professional

bodies.

15

.

1 -2 pax 3 – 4 pax 5 or more

Register Register Register

RM100 off RM200 off

*RM 980

*RM 880

Pricing_

Seminar fee is at RM 1,280.

With group registration at RM 100 for registration of 3 – 4 pax. 5 or more pax enjoy RM 200 off.

*Early Bird Discount of RM 200 off (Ends on 31.12.2014)

RM 1,180

*RM 1,080

16

01

REGISTER ONLINE

Visit our website to fill up the

registration form online

02

INVOICE

When you submit the registration form, an invoice will be generated

automatically and delivered

through email to the person listed

as contact person for billing.

03

BANK IN SLIP

Upon making payment into our acount, please email the bank in slip to billing@synergytas.com

Pay to : "SYNERGY TAS" [Maybank :

5141 7863 3603]

04

EVENT REMINDER

One week before the event we will remind you

again through email, SMS or call

Synergytas.com/gstimplementation

$ i

HOW TO ENROLL FOR THIS EVENT

WE ARE GOOD AT WHAT WE DO

BECAUSE WE ARE PASSIONATE

ABOUT IT

See you on 23 January 2015

Synergy TAS Bringing you the best seminars in town...

Suite 153, PG-15A, Ground Floor, Jaya 33, No. 3, Jalan Semangat, Section 13 46100 Petaling Jaya, Selangor, Malaysia.

P. (016) 302 6109 / (019) 311 0625 E. event@synergytas.com w. www.synergytas.com/gstimplementation

Contact us for any clarification.

We look forward to seeing you.