Goods and Services Tax Act (Amendment of Fourth Schedule) Order 2011 comes into operation on 1 January 2012

4 January 2012

Goods and Services Tax Act (Amendment of Fourth Schedule) Order 2011, published on 27 December 2011, shall come into operation on 1 January 2012. It amends the Fourth Schedule of the Goods and Services Tax Act where a supply of services shall be treated as exempt supply for qualifying Islamic financing arrangements.

Source: e-Gazette