Asked by Anonymous
DEAR Guru,
I bought a new commercial property from Sunway under my individual name in 2014. There were no GST back then. However, after GST was Implemented in April 2015, i had to pay for the GST directly to Sunway for the remaining drawdowns from the bank to the developer. The total amount that I have to pay for the GST will eventually be around RM RM60k. I am not qualified to register for GST because this is my first commercial property and it is less than RM 2mil. I am wondering is there anyway that I can claim back the GST?
I bought a new commercial property from Sunway under my individual name in 2014. There were no GST back then. However, after GST was Implemented in April 2015, i had to pay for the GST directly to Sunway for the remaining drawdowns from the bank to the developer. The total amount that I have to pay for the GST will eventually be around RM RM60k. I am not qualified to register for GST because this is my first commercial property and it is less than RM 2mil. I am wondering is there anyway that I can claim back the GST?
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