1st April 2015
Dear Valued Members,
GOOD & SERVICES TAX (GST) NOTICE
Warm Greetings from Palace Vacation Club!
As you may be already aware the implementation of the Goods and Services Tax (GST) by Malaysia Government with effect from 1st April 2015 (“Effective Date”).
Golden Horses Palace Bhd, the operator for Palace Vacation Club is a GST registered company (GST registration no: 001201942528), As such, in accordance with the GST Act 2014, we shall be imposed GST on all applicable goods and services supplied to you such as Membership Fees/Annual Maintenance Fees/Admin Fees/Entitlement Extention Fee/ Surcharge/ Transfer Fee and any other fees where applicable from the Effective Date. With the implementation of GST, our total service fees chargeable to you would be billed as follows:
Service fee + 6% GST on such service fee = Total service fee chargeable.
In the meantime, you may obtain further information on GST from the Royal Malaysian Custom Department website at www.gst.customs.gov.my.
Thanks you for your kind attention.
Palace Vacation Club
Golden Horses Palace Bhd