Subject: Things you need to know about GST in GroupMe.

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1. What you should you do as a Seller?

a. Starting on 1st April 2015, all sellers require to issue Tax Invoice (GST Registered
Seller)/Invoice (Non GST Registered Seller) to GroupMe.my within 21days after
claim is submitted.

b. Claimed amount will remitted to seller 21 days after claimed submitted and Tax
Invoice/ Invoice has been sent to GroupMe.my.

c. All the invoices are required to be billed to the company below:

Interbase Resources Sdn Bhd (465435-U)
2-3(3rd Floor), Jalan Puteri 2/2,
Bandar Puteri, 47100,
Puchong, Selangor.
(GST Reg No:000868548608)

Sample of Tax Invoice (GST Registered Seller)/ Invoice (Non GST Registered Seller)

Example For Non-GST Registered Seller:

Selling Price keyed in by seller Shipping Fees Amount paid by buyer

RM 100 RM 6 RM 106
Commission to
Product Cost:
GroupMe.my:
RM 90
RM 10
GST (Standard-rated-6%) GroupMe.my charged to buyer: RM 6.36
Total amount paid by buyer: RM 112.36

For Non-GST Seller, you are required to issue an "Invoice" to GroupMe.my for each of
the deal that "closed" with orders. Based on the above example, for non-GST seller you
need to bill us the actual cost of the product (Selling price - commission to GroupMe.my)
plus shipping fees to us.

Below is the sample of the invoice. The highlighted boxes are the required information
you need to include in your invoice.

Payable amount to Non-GST Registered Seller:

Product Price Product GST Shipping Shipping GST Total Amount

RM 90 RM 0.00 RM 6 RM 0.00 RM 96
For GST Registered Seller:

Selling price keyed in by seller Shipping Fees Amount paid by buyer

RM 100 RM 6 RM 106
Commission to
Product Cost:
GroupMe.my:
RM 90
RM 10
*GST: RM 5.40 RM 0.36 RM 6.36
Total amount paid by buyer: RM 112.36
* GST= Standard Rated (6%)

For GST Registered Seller, in order for you to claim back your tax from Customs
Malaysia, you are required to issue a "Tax Invoice" to GroupMe.my for each of the deal
that "closed" with orders. Based on the above example, for GST seller you are required to
bill us the actual cost of the product (Selling price - commission to GroupMe.my), 6%
GST for product, shipping fees and 6% GST for shipping fee to us.

Payable amount to GST-Registered Seller:

Product Price Product GST Shipping Shipping GST Total Amount

RM 90 RM 5.40 RM 6 RM 0.36 RM 101.76

Below is the sample of the invoice. The highlighted boxes are the required information
you need to include in your invoice. From the sample below, your claimable tax is
RM5.76.
 2. How do we charge GST?

a. All featured products in GroupMe.my are subjected to 6% GST rate, including

shipping fees.
b. Goods shipped to designated area (Langkawi, Labuan and Tioman) are zero-rated
(0% GST).

For Non-designated area buyers:

Total Payable
6% GST on Shipping 6% GST on
Product Price Amount by
Product Price Fee Shipping Fee
Buyer
Before
RM 0 RM 0 RM 106
31/03/2015
Effective RM 100 RM 6
01/04/2015 RM 6 RM 0.36 RM 112.36
with GST

For Designated area buyers:

Total Payable
GST on Shipping GST on
Product Price Amount by
Product Price Fee Shipping Fee
Buyer
Before
RM 0 RM 0 RM 106
31/03/2015
Effective RM 100 RM 6
01/04/2015 Zero-Rated Zero-Rated RM 106
with GST