GST Zero Rated Exemption Supply List

putrajaya financial
The Malaysian Government has finally released the finalised GST exemption list. This list of zero rated GST items will not be subjected to GST when it will be implemented on 1st April 2015. The Goverment has previously maintained that basic food items, education, healthcare and medical will not be subjected to GST.

During the Budget 2015 session, Prime minister Datuk Seri Najib Tun Razak confirmed that there will be no GST on RON 95, Diesel and LPG fuel while GST exempt for basic food list, medicine and education has also been expanded. There are a total of 900 basic items and 2900 medicine item that will be zero rated.

Some of the items includes sheep, cattle, goats, poultry, fish, swine, crustaceans, many types of vegetables, fruits and many more. The list may take a while to load for users with slower Internet.

The list is based on finalised items released by the finance ministry under the GST ACT 2014. The full list of the GST exempted items can be downloaded GST Exempted good list , sources : www.federalgazette.agc.gov.my/