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Industry Guide:

Agriculture, Fisheries and Livestock Industry

 
Please click here to download complete guide.

 

FREQUENTLY ASKED QUESTIONS

1. If I buy seeds, plants and grains for the purpose of planting zero rated products, do I have to pay GST at standard rate? 

Yes, because seeds, plants and grains are subject to GST at standard rate. If you are a registered person, you can claim back whatever GST that you have paid for the purposes of making a taxable supply. 

2. Is herb/medicinal plant subject to GST?

Yes, it is subject to GST at standard rate. 


3. What is the status of agricultural land if I acquire or purchase for the purpose of planting zero rated and standard rated crops? 

If you acquire or purchase agricultural land for planting zero rated or standard rated crops, the acquisition is not subject to GST as it is an exempt supply.
 

4. Do I need to charge GST if I lease my agricultural land to another person?

You are not required to charge GST because it is an exempt supply and not subject to GST.

5. Besides supplying zero rated products, I also supply other services to my customers such as supply of labour, hire of machinery and equipment, should I charge GST?

You must charge GST if you are a registered person as those services are subject to GST at a standard rate. 

6. As a tobacco manufacturing company, our products are subject to excise duty at the factory stage. How is GST imposed on these products?

GST will be charged on the sales value including the excise duty. 

7. Is there any relief given to the tobacco industry in terms of buying raw materials or acquiring inputs from farmers who are approved under the Flat Rate Scheme?

No. You are entitled to claim the Flat Rate Addition (FRA) charged as your input tax. 

8. What is the GST implication if I have a fishing pond and commercialize it as a recreational area where people can do fishing activities with fee charged based on hours?

Supplying of recreational activity such as fishing is subject to GST at a standard rate. Thus, you have to charge GST on the fee imposed.

9. Do I need to charge GST for hiring fishing equipment including fishing vessel to other parties? 

Yes, the supply of hiring services is subject to GST at a standard rate

10. If I am an importer of fresh fish from other countries, do I need to pay GST?

No. Whether you acquire them locally or from outside Malaysia, the fresh fish is still subject to GST at a zero rate. For importation of fresh fish, you have to make an import declaration at the point of importation. 

11. Is animal food purchased for the purposes of feeding animal also subject to GST at a zero rate?

No. Animal food is subject to GST at a standard rate. However, you can claim back the GST incurred on your purchases of animal food if you are a GST registered person.

12. When must I notify if there is any change in my business details?

You must notify customs in writing if you:
(a) have changed your business name or business address;
(b) are in a partnership where a partner joins or leaves the business; or
(c) are a sole proprietor and converts to a partnership

13. Are all kinds of pesticides subject to GST at a standard rate including pesticides purchased for household use?

Yes. Supply of all kinds of pesticides are subject to GST at a standard rate regardless of their usage. 

14. Fertilizer is subject to GST at a standard rate. Is this treatment applicable to all forms of packaging size and usage?

Yes. Supply of fertilizers are subject to GST at a standard rate regardless of packaging sizes or usage

15. When I supply zero rated goods to my customers, I will separately charge them for ancillary services such as tagging, grading and delivery services. What is the GST treatment on such supply of services?

Supply of such ancillary services are subject to GST at a standard rate. 
 
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What Our Client Say

     
L & Co always carry their services in professional way – well planning, in time, precise, friendly and professional. While we are stuck with problems, they can always advice us with industrial best practices and their views.
 
YM Tan
ICT Automation (M) Sdn Bhd
www.ict.com.my
 

L & Co Plt.

Johor
18A & 20, Jalan Sasa 2,
Taman Gaya,
81800 Ulu Tiram,
Johor, Malaysia.

 
Tel +607-859 0410
Fax +607-863 1003
 
Kuala Lumpur
15-2, Dinasti Sentral,
Jalan Kuchai Maju 18,
Off Jalan Kuchai Lama,
58200 Wilayah Persekutuan,
Federal Territory of Kuala Lumpur.
Tel +603-2780 3885
Fax +603-7972 0007
 
Penang
S1-3, 1-21-01,
Suntech @ Penang Cybercity (1575),
Lintang Mayang Pasir 3,
11950 Bayan Baru,
Penang, Malaysia
Tel +604-377 7075
Fax +604-619 2699
 
 
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