Carlsberg pays RM6.36mil to Customs


  • Corporate News
  • Tuesday, 16 Jun 2020

“The financial impact of this settlement represents approximately 2.2% and 4.1% of the audited group net earnings and net assets, respectively, for the year ended Dec 31,2019, ” said Carlsberg Malaysia in a filing with Bursa Malaysia.

PETALING JAYA: Carlsberg Brewery Malaysia Bhd has to fork out RM6.36mil to the Royal Malaysian Customs of Selangor, as a result of the group’s appeal for remission of the bill of demand for sales tax and excise duty dated Sept 17,2014.

Carlsberg Malaysia said it received a letter dated June 3,2020 from the Customs notifying the company of the decision regarding the appeal for remission.

“The company shall proceed to remit payment of RM6.36mil to the Customs, as full and final closure of this matter.

“The financial impact of this settlement represents approximately 2.2% and 4.1% of the audited group net earnings and net assets, respectively, for the year ended Dec 31,2019, ” said Carlsberg Malaysia in a filing with Bursa Malaysia.

Back in September 2014, the company had received two bills of demand for excise duty, sales tax and penalty amounting to RM56.3mil.

Then on Feb 14 this year, the group announced that the Customs had cancelled its bill of demand for sales tax amounting to RM13.8mil and penalty amounting to RM6.89mil.

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