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Home News Auto News Tax Identification Number (TIN) required for all Puspakom transactions from July 25th Tax Identification Number (TIN) required for all Puspakom transactions from July 25th Auto News Jim Kem | July 23, 2024 02:30 pm Starting this Thursday, or July 25, 2024, Puspakom will require all customers to provide their Tax Identification Number (TIN) for vehicle inspections, checks at its branches, and online payment transactions via MyPuspakom. This move aligns with the Inland Revenue Board's (LHDN) enforcement of the electronic invoicing (e-Invoice) system that’s all set to begin on next week on August 1st, aimed at enhancing financial transparency and improving Malaysia's taxation system, such as it is. The Tax Identification Number is a unique identifier issued by LHDN to both individuals and businesses in Malaysia. For individuals, this corresponds to the IG number, formerly known as the SG or OG identification prefix. Puspakom specifies that individual customers will need to provide their MyKad (IC) number and TIN. Corporate clients, on the other hand, will have to furnish their company registration number, SST number, as well as the TIN. Puspakom also emphasised the importance of obtaining a TIN before scheduling appointments on their website to ensure the accurate and efficient processing of payment transactions by both Puspakom and LHDN. The new e-invoicing system will not only apply to vehicle inspections but also extend to new car purchases. As mentioned, this initiative is part of a broader effort to modernise and streamline the country’s taxation system. By integrating TINs into the vehicle inspection and payment processes, Puspakom aims to provide greater accountability and transparency in financial transactions and is expected to benefit both the agency and its customers, ensuring that all payments are correctly documented and processed in compliance with the latest tax regulations. Customers are encouraged to verify their TIN status and update their records accordingly to avoid any disruptions in service. There are obvious some remaining grey area pertaining to the acquisition of a TIN and possibility of a car purchase or other Puspakom-related services being held up or halted due to the lack of one, such as the case with car owners who are students or non-citizens. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags 2024 PUSPAKOM Inspection Tax LHDN Malaysia Print Jim Kem Content Producer There's just something about cars. It's a conveyance, it's a liability, it's a tool; but it can also be a source of joy, pride, inspiration and passion. It's much like clothes versus fashion. And like the latter, the pursuit of perfection never ends. Related News You Can Now Wait Three Years To Renew Road Tax Before PUSPAKOM Inspection Auto News Aswan | September 07, 2020 This doesn’t mean that you can drive your car on expired road tax and insurance, but it does give you some breathing room. For the longest time, it ... Puspakom’s Premier Services Brings Personalised Vehicle Inspection To Your Doorstep Auto News Jim Kem | October 26, 2015 Having your vehicle checked, apart from routine inspections being part of legal requirements (hire purchase inspection, transfer of ownership, ... Why Selling Your Car to CARSOME is Safer Than Selling it Privately Insights Jim Kem | November 26, 2024 Selling your car privately can seem appealing, often promising higher returns compared to trade-ins. However, this route comes with its fair share of ... Puspakom Goes Digital With MyPuspakom Mobile App Auto News Gokul | October 04, 2018 Puspakom Sdn Bhd today announced the introduction of its online booking and payment system called 'MyPuspakom' which has been up and running since ... Comments
Tax Identification Number (TIN) required for all Puspakom transactions from July 25th Auto News Jim Kem | July 23, 2024 02:30 pm Starting this Thursday, or July 25, 2024, Puspakom will require all customers to provide their Tax Identification Number (TIN) for vehicle inspections, checks at its branches, and online payment transactions via MyPuspakom. This move aligns with the Inland Revenue Board's (LHDN) enforcement of the electronic invoicing (e-Invoice) system that’s all set to begin on next week on August 1st, aimed at enhancing financial transparency and improving Malaysia's taxation system, such as it is. The Tax Identification Number is a unique identifier issued by LHDN to both individuals and businesses in Malaysia. For individuals, this corresponds to the IG number, formerly known as the SG or OG identification prefix. Puspakom specifies that individual customers will need to provide their MyKad (IC) number and TIN. Corporate clients, on the other hand, will have to furnish their company registration number, SST number, as well as the TIN. Puspakom also emphasised the importance of obtaining a TIN before scheduling appointments on their website to ensure the accurate and efficient processing of payment transactions by both Puspakom and LHDN. The new e-invoicing system will not only apply to vehicle inspections but also extend to new car purchases. As mentioned, this initiative is part of a broader effort to modernise and streamline the country’s taxation system. By integrating TINs into the vehicle inspection and payment processes, Puspakom aims to provide greater accountability and transparency in financial transactions and is expected to benefit both the agency and its customers, ensuring that all payments are correctly documented and processed in compliance with the latest tax regulations. Customers are encouraged to verify their TIN status and update their records accordingly to avoid any disruptions in service. There are obvious some remaining grey area pertaining to the acquisition of a TIN and possibility of a car purchase or other Puspakom-related services being held up or halted due to the lack of one, such as the case with car owners who are students or non-citizens. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags 2024 PUSPAKOM Inspection Tax LHDN Malaysia
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
You Can Now Wait Three Years To Renew Road Tax Before PUSPAKOM Inspection Auto News Aswan | September 07, 2020 This doesn’t mean that you can drive your car on expired road tax and insurance, but it does give you some breathing room. For the longest time, it ...
Puspakom’s Premier Services Brings Personalised Vehicle Inspection To Your Doorstep Auto News Jim Kem | October 26, 2015 Having your vehicle checked, apart from routine inspections being part of legal requirements (hire purchase inspection, transfer of ownership, ...
Why Selling Your Car to CARSOME is Safer Than Selling it Privately Insights Jim Kem | November 26, 2024 Selling your car privately can seem appealing, often promising higher returns compared to trade-ins. However, this route comes with its fair share of ...
Puspakom Goes Digital With MyPuspakom Mobile App Auto News Gokul | October 04, 2018 Puspakom Sdn Bhd today announced the introduction of its online booking and payment system called 'MyPuspakom' which has been up and running since ...