I involved in business supplying air-conditioners to dealer in Kuala Lumpur whereby we have entered into a contract for 12 years made on 1-6-2012 with review opportunity on the contract sum every 4 years.
Recently I heard from a tax consultant that during the transitional period for contract entered into prior to 1st April 2015, it is not subjected to GST. Is it true?
So, how much did you know about this Legal Myth?
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