In October 2013 presenting 2014 Budget, Prime Minister Datuk Seri Najib Razak announced the introduction of GST (Goods and Services Tax) to replace the sales and services tax. GST will be implemented on 1st April 2015.

GST will affect all parts of business operations starting from the IT system, procurement, sales and marketing, pricing setting department, supplier relationship, customer relationship to cash flow. There is only 12 months away from the GST commencement date, which is not really a long period to undertake the necessary preparation. Right now it is a very good time to start getting your Accounting and Financial System ready for GST, the sooner the better.

OBM Software is approved software by the Royal Malaysian Customs that is compliant with the Malaysia GST accounting software requirements as stipulated by the government.

OBM Software is able to directly produce form GST-03 and the supporting documents required by the Royal Malaysian Customs. The software can also produce the GAF file which can be lodged electronically with the government’s GST web site.

Find out more from our OBM GST Experts today.

Call 03-78042468.