[Important Announcement] Increase in Service Tax Rate (SST) from 6% to 8% effective on 1st March 2024

  • Wednesday, 31st January, 2024
  • 18:03pm



Dear Valued Customer, 

Following the announcement by Ministry of Finance on National Fiscal (Budget 2024), please note that the proposed Sale Service Tax (SST) rate will be increased from the current rate of 6% to 8% effective from 1 March 2024. For further information, kindly visit Official Website Royal Malaysian Customs Department below: 

https://mysst.customs.gov.my/ 

As a result, GB Network will apply the new 8% GST rate to all products and services from that date onwards, affecting future invoices.

We understand this change may impact your budgeting. Despite the adjustment, our commitment to delivering exceptional services remains strong. To assist you in navigating this change, we recommend considering the following options before March 1, 2024:

  • Pre-Registration Discount:
    For a new client or customer, get in touch with us to discover special promotion plans before the upcoming rate increase takes effect. 

  • Advance Service Renewal:
    For existing clients, advisable to settle up the invoices in advance before 1st March 2024, or considering to revise your billing cycle allows you to benefit from the current tax rate and minimize the impact of the upcoming change.

Our team is here to assist with any queries or needed support. We appreciate your understanding and look forward to continuing to provide you with optimized, cost-effective solutions.

For more information, please visit our website at https://www.gbnetwork.my or for any inquiries, please contact us at sales@gbnetwork.my.

Best Regards,

GB Network Solutions Sdn. Bhd.
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