The Ministry of Finance (MoF) announced that Sales and Service Tax (SST) which administered by the Royal Malaysian Customs Department (RMCD) will come into effect in Malaysia on 1 September 2018. Service tax is imposed on specific prescribed services provided by a taxable person in the course or furtherance of a business in Malaysia. More info about SST can be found at https://mysst.customs.gov.my. In PruBSN, only Service Tax (ST) will be imposed on the contribution amount of all types of Takaful certificates where the participant is a corporate entity.