The Royal Malaysian Customs Department recently published several new and updated (amended) Service Tax Policies concerning different exemptions. Each policy document details the different exemptions, as well as specific conditions for an exemption if applicable. The new and updated policies include:
- Service Tax Policy No. 1/2025 (Amendment No. 3) - Financial Services, dated 17 October 2025;
- Service Tax Policy No. 2/2025 (Amendment No. 2) - Rental or Leasing Services, dated 17 October 202…