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GST in Malaysia is going to be implemented from 1 April 2015.
Prior to finalization there might be changes on the policy from Royal Customs of Malaysia and this guide will need to be updated from time to time.

The flow for GST will be as follow:

A. Basic

Part 1

1. GST Setup User Guide (2015-04-01)
   1. GST Setup
2. Purchase Transaction for Taxable Supplies
3. Sales Transaction for Standard Supplies
4. Simplified Tax Invoice Conversion
5. Tax Filing Cycles
6. Input Tax Filing 
   1. Tax Filing for Purchase Transactions (Full Tax Claimable) / Input Tax Filing
7. Output Tax Filing
   1. Tax Filing for Sales Transactions (Full Tax Claimable) / Output Tax Filing
8. Generation of GST-03 (without support for TX-RE)
9. Generation of GST-03 (Complete with support for TX-RE)
   
   1. Generation of GST Audit File (GAF)

10. Other GST Reports

Part 2

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1. GST on deposit

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1. GST on Imported Goods

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B. Advance

1. Partial Exemption (IRR)
2. Annual Adjustment
3. Generation of GST-03 (without support for TX-RE)

Misc

1. GST-MY Misc Information
2. Capital Goods Adjustment and Depreciation
3. Tax on Credit Memos
4. Mapping Tax Codes (Mapping Tax Codes vs GST03 Return)

Appendix

1. Simplified Tax Invoice and Input Tax Claim
2. Blocked Input Tax Credit
3. Incidental Exempt Financial Supply
4. Exempted Supply
5. Deemed Supply
6. Gift Rule
7. Consignment Sales
8. Employee Benefits
9. Voucher and Discount
10. Designated Area (DA)
11. GST Relief Order
12. Non Taxable Supply
13. GST treatment on Office holders/directors’ fees
14. Package or Tie in Goods
15. Taxable Period/Add Tax Year
16. GST Act Reference
17. GST Code
18. Documents format
19. FAQs_Consumer_Display Price
20. FAQs_Business_Display Price

Export and Import Configuration

1. Item_gst
2. Customer_gst
3. Supplier_gst

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