TAX317 Taxation 2 Assessment Group Project 2026 | UiTM

Request Plagiarism Free Answer Published: 05 Jan, 2026

Category	Assignment	Subject	Education
University	Universiti Teknologi Mara (UiTM)	Module Title	TAX317 Taxation 2

Academic Year	2026

TAX317 Assessment Group Project

Universiti Teknologi MARA – Malaysian Taxation (TAX 317)
Assessment: Group Project (50 marks)

COURSE : TAXATION 2

COURSE CODE : TAX317

ASSESSMENT : OCT 2025 – FEB 2026

TIME : 2 WEEKS

INSTRUCTIONS TO CANDIDATES

1. Students are required to form a group of maximum four (4) students for this group project.

2. This project consists of ONE (1) case study. Answer ALL questions. Start each answer on a new page.

3. Answer ALL questions in English.

4. Discussion is only allowed amongthe members ofyour group.

5. Submit the written report (typed) by 20/12/2024 (Friday) by 5.00pm.

6. Your report should have the followings:
i. Cover page indicating the name, student ID for each group members and class

ii. Table of content

iii. Page number

PROJECT DETAILS

1. Business Entity Creation (5 Marks)

You are required to create a business entity located in Malaysia that manufactures taxable goods not exempted under the Sales Tax Act 2018, Sales Tax (Exemption from Registration) Order 2018, or any applicable exemption orders.

Your business profile should include:
i. Name and type of business organization
ii. Date of business registration and commencement
iii. Registered address and contact details (telephone, email)
iv. Place of manufacturing address
v. Names of owners/directors
vi. List of taxable goods (at least two products) manufactured by your business

2. Assumptions & Monthly Sales Report

The following assumptions apply to your created business:
a. Small scale manufacturing activities
b. Financial year ends on 30 September each year
c. Sales are both cash and credit
d. All goods manufactured and sold are taxable goods
e. Monthly Sales Report is provided below (cash & credit within Malaysia and to designated areas/special areas/overseas)

Month	Cash (RM)	Credit (RM)	Export / Designated (Cash)	Export / Designated (Credit)	Total (RM)
Aug-22	5,000	13,000	1,000	10,000	29000
Sep-22	4,800	18,000	2,000	9,000	33000
Oct-22	4,600	21,000	3,000	8,100	36000
Nov-22	5,600	19,000	4,000	5,200	33000
Dec-22	11,200	24,400	4,200	8,200	48000
Jan-23	12,000	30,000	5,400	7,000	54000
Feb-23	12,000	20,400	4,700	8,000	45000
Mar-23	12,600	22,000	3,600	7,200	45000
Apr-23	13,400	27,000	5,000	9,000	54000
May-23	14,000	26,900	8,000	8,700	57000
Jun-23	13,000	28,600	7,000	6,700	55000
Jul-23	12,000	33,000	8,100	8,300	61000
Aug-23	12,100	42,800	4,900	9,100	68000
Sep-23	8,700	60,800	5,600	6,600	81000
Oct-23	13,000	62,500	6,700	6,400	88000
Nov-23	14,000	52,000	8,100	12,000	86000
Dec-23	18,000	76,000	6,900	8,000	108000

Required:

i. Explain the meaning of manufacture in relation to goods other than petroleum, according to section 3 of Sales Tax Act 2018. (2 marks)

ii. Assuming your business is using historical method to determine the threshold limit:

a. Ascertain the due date for sales tax registration after your business becomes liable to register.

b. Ascertain the effective date of sales tax registration.

c. Ascertain the first taxable period.

d. Fill in the SST-01 form for submission to the RMCD.

(Note: support your answer with relevant computation) (8 marks)

iii. Assuming the location of your business is in Free Industrial Zone. Determine whether your business needs to become a sales tax registrant when the threshold limit is achieved. (3 marks)

iv. Sales Tax Computation (7 marks)

Compute the sales tax payable to the Royal Malaysian Customs Department (RMCD) for:

a) All sales made in May 2024
b) Specific transactions in July 2024 including:

Sale to a factory in Singapore
Donation of taxable goods (cost RM 2,000, selling price RM 2,500) to a charity in Perlis
Import of taxable goods as trading stock from Vietnam — value RM 10,000, import duty 20%, sales tax 10%

v. August 2024 Reporting (6 marks)

For sales in August 2024:
a) Determine due date for SST-02 return and payment to RMCD
b) Calculate sales tax payable for the period
c) Complete the SST-02 form for submission

vi. Consequences of Late Payment (4 marks)

Explain consequences if sales tax payments were remitted late for:
a) Sales in June 2024 — paid on 1 September 2024
b) Sales in September 2024 — paid on 12 November 2024
(Include computations if needed)

3. Detailed Transaction Presentation (20 Marks)

i. Transaction Details (12 marks)

Present details (date, description, amount) for one transaction in each category:
a) Cash sales within Malaysia — January 2024
b) Cash sales to designated areas — February 2024
c) Cash sales to overseas — March 2024
d) Credit sales within Malaysia — April 2024
e) Credit sales to special areas — May 2024
f) Credit sales to overseas — June 2024

ii. Invoices (4 marks)

Prepare invoices for:
a) Credit sales within Malaysia — April 2024
b) Credit sales to special areas — May 2024

iii. Debit & Credit Notes (4 marks)

Prepare:
a) Debit note — August 2024 (for April 2024 credit sales)
b) Credit note — September 2024 (for June 2024 overseas credit sales)

(GRAND MARKS: 50 marks)

Buy Custom Answer Of This TAX317 Assessment Group Project & Raise Your Grades

Get A Free Quote

Request Answer of this Assignment

Share this with your Friends

Facebook

Instagram

Need help with your TAX317 Taxation 2 Assessment Group Project at UiTM? Get expert guidance and improve your grades with our Assignment Helper Malaysia. We provide clear explanations, step-by-step solutions, and a Free List of Assignment Samples to help you understand better. Our academic experts ensure your work is accurate, original, and well-structured. Make your learning journey easier and achieve academic success with our trusted support.