Dear Valued Clients
Goods And Services Tax (GST) ACT 2014
The Goods and Services Tax Act 2014, was gazetted on 19 June 2014 and will be implemented on 1 April 2015 at a rate of 6%.
TA Securities Holdings Berhad is registered under the GST regime and will therefore be required to impose GST on its supply of goods and services from 1 April 2015.
In general, our fee-based services e.g., advisory fee, brokerage, clearing fee, etc and related fees charged by Bursa Malaysia will be subject to GST at the standard rate of 6%. On the other hand, interest charges are exempted.
The terms of this Notice shall be deemed incorporated into the terms and conditions of our trading account.
Further information on GST can also be obtained from the Royal Malaysian Customs Department website at www.gst.customs.gov.my.
Thank you for your continuous support and we look forward to continue serving you.
Bank Negara Malaysia has revised the implementation date to 2 January 2015 for the imposition of the 50 sen cheque processing fee. This fee will be deducted upfront from the proceeds due to you. However, if you opt for e-Payment facility, the processing fee is not applicable. To opt for e-Payment facility, please download the Electronic Share Payment (ESP) form and submit the completed form to your Dealer's Representatives.