Gst
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Everyone is curious when GST is taxable? This is the answer..
For Commercial and Industrial Properties, if the following conditions are met, then it is GST taxable:-
1) The market value is more than 2 millions (comm or Ind)
2) If the seller is selling more than 2 properties(commercial or industrial properties) in his life, it is GST taxable
3) The seller is GST-Registered.
SOVO, SOFO or SOHO buyers, you are under this category (The usage and Development Order/planning approval is the deciding factor, not Title)

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@belindak, please refer to this..

 

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Please take note of the below as well:

Owner with rental income of more than RM500,000 per annum need register for GST account as well. and yes it is taxable by GST.

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I see commercial property selling for less than RM2mil... the developer claim that it is still GST taxable, so what is the latest information?

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@propertyX thanks for sharing