Wednesday, 30 April 2014
Tuesday, 29 April 2014
Monday, 28 April 2014
Thursday, 24 April 2014
Tuesday, 22 April 2014
Monday, 14 April 2014
# Tax alert - GST Bill 2014 passed by Dewan Rakyat
The GST 2014 Bill was passed by the
Dewan Rakyat, Lower House of the Parliament on 7 April 2014 and will now move
to the Dewan Negara, Upper House of the Parliament in its passage to become law
for the introduction of GST. Some of the key changes in the 2014 Bill compared
to to the GST 2009 Bill as follows:
Requirement for taxable person to quote GST-inclusive
prices in all price displays
GST will be charged on the value of imported leased
goods and not on the leased payments
Change in penalty regime for late payment of tax due
to late registration
Requirement to issue tax invoice within 21 days from
the basic tax point deleted
Criteria for self-billing arrangements have been
legislated
Late payment penalty of 25% on tax outstanding deleted
Power granted to Minister of Finance to determine the
fixed rate of recovery for input tax claims
Non-residents making taxable supplies exceeding the
registration threshold is required to appoint an agent to account for GST
Joint venture provisions are restricted only to
petroleum based activities
Free Commercial Zones are recognised as places outside
Malaysia
Amendment of transition rules for settlement of
service tax
Relief from GST for supplies spanning effective dates
where sales tax and service tax has been received or invoiced
Goods and services redeemed under vouchers after the
effective date will also qualify for transitional relief
Supply of goods and services under an Islamic
Financial Arrangement is to be treated as neither a supply of goods nor
services
Introduction of rules for the taxation of gaming
supplies
Please note that the above is just
preliminary views which may be subject to change upon clarification from the
tax consultant and further analysis.
Saturday, 12 April 2014
ASTRONOMY FACTS
THE 5 CLOSEST STARS TO THE EARTH
Traveling at a speed of 25K miles per hour (which is faster than any human has ever traveled), it would take you a little over 110,000 years to reach the Earth's Closest star, excluding the Sun, The 5 closest stars are:- Proxima Centauri - 25 million miles
- Alpha Centauri - 25.5 million miles
- Bernard's Star - 35 million miles
- Wolf 359 - 45.5 million miles
- Lalande 21185 - 48 million miles
LARGEST METEORITES FOUND IN THE UNITED STATES
Throughout the history of the Earth, it has been literally pounded by meteorites. In the U.s alone about 1,200 meteorites have been recorded to reach the surface. The 10 largest meteorites have been found in the following states:- Arizona - 3
- California - 2
- Kansas - 2
- Oregon - 1
- Nevada - 1
- Georgia - 1 link to Rusli Abdullah
Thursday, 10 April 2014
Monday, 7 April 2014
Friday, 4 April 2014
Thursday, 3 April 2014
Saturday, 29 March 2014
Friday, 28 March 2014
Monday, 17 March 2014
#blog - as part of the module requirement.....
GST5103 – Information Systems and Electronic Commerce
Assignments
Instructions:
1. The students are required to
develop a blog individually which is considered as a project, and it is going
to be used for uploading all the material or completed assignments as what will
be giving from time to time or based on the regular meeting or fixing date.
2. Furthermore, the students are encouraging
to develop the blog that based on their innovative and creativity which is
embedded with multiple features or functionalities like guest who is hit or
visit the blog, displaying the current time, and many others.
3. Besides that, student also is
required to present the work and all the presentation materials that need to be
uploaded over as what they are blog being created. Please see the presentation
rules and regulations as stated as below.
#Memo#1
My first day creating a blog. Quite difficult for non-IT savvy like me. I'll try my best to beautify my blog from time to time...Insyaa Allah...
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