Zero-rated Goods and Services Tax (GST)

We refer to the recent Malaysia’s government announcement to reduce the goods and services tax (GST) from the current 6% to 0% with effect from 1st June 2018.

 

New Certificates incepted from 1st May to 31st May 2018

For individual new certificates (exclude group), captured in the month of May 2018, the 6% GST payment shall be absorbed by PruBSN on behalf of eligible participants.

 

Renewal Business

For renewal business, GST 0% will be made effective from 1st June 2018 on :

Type of policy

Zero-rated GST on

Investment linked plan

Tabarru’ and Service Charges

Non-Investment linked plan

Tabarru’ and Certificate Charges

 

Download FAQ

For more info, contact your PruBSN Takaful Consultant or our Customer Service Centre at 03 20537188

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