lOMoAR cPSD| 57394295
BKAT3023 Mid Exam Q A221 |2025-2026 LATEST UPDATED| REAL
EXAM AND COMPLETE QUESTIONS AND ANSWERS | 100%
RATED CORRECT | 100% VERFIED | ALREADY GRADED A+
QUESTION 1 (10 MARKS: 20 MINUTES)
ABC Manufacturing Sdn Bhd (ABC), a Malaysian resident company manufactures and imports
taxable goods from Vietnam. The company sell the products to its wholesale market in Malaysia
and exports to other South East Asian countries. ABC is registered with the Royal Malaysian
Customs Department (RMCD) for sales tax purpose. The applicable rate of import duty and sales
tax is 10% and 5% respectively.
On 15 September 2022, the following transactions occurred and the full payment was settled
during the same month:
(i) Sold the manufactured goods to a local Malaysian company for RM25,000.
(ii) Exported the manufactured goods to a Singaporean company for RM50,000.
(iii) Imported taxable goods worth RM75,000 from a supplier in Vietnam. The taxable goods
are eventually sold to a local Malaysian company for RM100,000.
REQUIRED:
(a) Calculate the amount of import duty and sales tax applicable for each transaction.
(7 Marks)
(b) Calculate the amount of sales tax payable to RMCD if such tax is paid 15 days after the tax
due.
(3 Marks)
QUESTION 2 (15 MARKS: 30 MINUTES)
Ponniyen Nusantara Sdn Bhd (PNSB) is a resident company carrying on the business of air
transport activities in Malaysia since 2018. The following information is for the year of
assessment 2022:
Gross Business Income: Malaysia 5,440,000
United Kingdom 8,750,000
Net Dividend Income: Malaysia 210,800
, lOMoAR cPSD| 57394295
BKAT3023 ADVANCED TAXATION
Gross Interest Income: United Kingdom
820,000
Mexico 250,000
Additional information:
1. Malaysia has double taxation agreement with United Kingdom but not with Mexico.
2. Tax rate for United Kingdom is 19%.
3. Tax paid on the interest income from Mexico was RM7,500.
4. All incomes from overseas were remitted to Malaysia.
5. PNSB reported that the amount of allowable expenses related to business income and
interest income were as follows:
Country Business (RM) Interest (RM)
Malaysia 415,000 -
United Kingdom 330,000 35,000
6. Capital allowance and balancing charge related to business income were RM130,000 and
RM78,000 respectively.
REQUIRED:
Compute tax liability for Ponniyen Nusantara Sdn Bhd (PNSB) for the year of assessment 2022
after taking into consideration the available relief for foreign tax suffered.
(15 Marks)
QUESTION 3 (20 MARKS: 40 MINUTES)
The following are the transactions that may be subjected to withholding tax and vice-versa:
A. Haryanto Inc is a general commission agency in Indonesia which promoted sales in Singapore
on behalf of HS Sdn Bhd, a resident company in Malaysia. HS Sdn Bhd pays the commission
of RM120,000 to Haryanto Inc based on the sales transactions secured in Singapore on 1 July
2022. HS Sdn Bhd obtained a copy of Haryanto Inc’s audited accounts and business
registration form as proof that Haryanto Inc is a general commission agent.
B. Arniza Sdn Bhd (ASB), a Malaysian resident company, entered into an agreement with Janna
Ltd (JL), a non-resident company from Thailand. The agreement was for the use of copyright
patents during the year of assessment 2022.
Apart from that, JL sent one personnel to ASB for consultation services in relation to the use
of the copyright patents and to sign the agreement with ASB. ASB received an invoice dated
10 June 2022 from JL amounting of RM70,000 for the use of the copyright patents and
RM90,000 which include reimbursement of hotel accommodation of RM15,000 for the
consultation services. ASB credited the funds to JL on 16 June 2022.
1
Get Tests from ELEGANT TESTS ()
BKAT3023 Mid Exam Q A221 |2025-2026 LATEST UPDATED| REAL
EXAM AND COMPLETE QUESTIONS AND ANSWERS | 100%
RATED CORRECT | 100% VERFIED | ALREADY GRADED A+
QUESTION 1 (10 MARKS: 20 MINUTES)
ABC Manufacturing Sdn Bhd (ABC), a Malaysian resident company manufactures and imports
taxable goods from Vietnam. The company sell the products to its wholesale market in Malaysia
and exports to other South East Asian countries. ABC is registered with the Royal Malaysian
Customs Department (RMCD) for sales tax purpose. The applicable rate of import duty and sales
tax is 10% and 5% respectively.
On 15 September 2022, the following transactions occurred and the full payment was settled
during the same month:
(i) Sold the manufactured goods to a local Malaysian company for RM25,000.
(ii) Exported the manufactured goods to a Singaporean company for RM50,000.
(iii) Imported taxable goods worth RM75,000 from a supplier in Vietnam. The taxable goods
are eventually sold to a local Malaysian company for RM100,000.
REQUIRED:
(a) Calculate the amount of import duty and sales tax applicable for each transaction.
(7 Marks)
(b) Calculate the amount of sales tax payable to RMCD if such tax is paid 15 days after the tax
due.
(3 Marks)
QUESTION 2 (15 MARKS: 30 MINUTES)
Ponniyen Nusantara Sdn Bhd (PNSB) is a resident company carrying on the business of air
transport activities in Malaysia since 2018. The following information is for the year of
assessment 2022:
Gross Business Income: Malaysia 5,440,000
United Kingdom 8,750,000
Net Dividend Income: Malaysia 210,800
, lOMoAR cPSD| 57394295
BKAT3023 ADVANCED TAXATION
Gross Interest Income: United Kingdom
820,000
Mexico 250,000
Additional information:
1. Malaysia has double taxation agreement with United Kingdom but not with Mexico.
2. Tax rate for United Kingdom is 19%.
3. Tax paid on the interest income from Mexico was RM7,500.
4. All incomes from overseas were remitted to Malaysia.
5. PNSB reported that the amount of allowable expenses related to business income and
interest income were as follows:
Country Business (RM) Interest (RM)
Malaysia 415,000 -
United Kingdom 330,000 35,000
6. Capital allowance and balancing charge related to business income were RM130,000 and
RM78,000 respectively.
REQUIRED:
Compute tax liability for Ponniyen Nusantara Sdn Bhd (PNSB) for the year of assessment 2022
after taking into consideration the available relief for foreign tax suffered.
(15 Marks)
QUESTION 3 (20 MARKS: 40 MINUTES)
The following are the transactions that may be subjected to withholding tax and vice-versa:
A. Haryanto Inc is a general commission agency in Indonesia which promoted sales in Singapore
on behalf of HS Sdn Bhd, a resident company in Malaysia. HS Sdn Bhd pays the commission
of RM120,000 to Haryanto Inc based on the sales transactions secured in Singapore on 1 July
2022. HS Sdn Bhd obtained a copy of Haryanto Inc’s audited accounts and business
registration form as proof that Haryanto Inc is a general commission agent.
B. Arniza Sdn Bhd (ASB), a Malaysian resident company, entered into an agreement with Janna
Ltd (JL), a non-resident company from Thailand. The agreement was for the use of copyright
patents during the year of assessment 2022.
Apart from that, JL sent one personnel to ASB for consultation services in relation to the use
of the copyright patents and to sign the agreement with ASB. ASB received an invoice dated
10 June 2022 from JL amounting of RM70,000 for the use of the copyright patents and
RM90,000 which include reimbursement of hotel accommodation of RM15,000 for the
consultation services. ASB credited the funds to JL on 16 June 2022.
1
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