Circular No 012/2023 Dated 13 Jan 2023

Stamp Duty — Process for

Executed Instrument

Application
> First Schedule of the Stamp Act 1949 for
any instrument that needs to be stamped Log in to the Lembaga Hasil Dalam Negeri
(eg: Agreement, Lease, Bond, Real (“LHDN”) STAMPS system
Properties / Shares / Business Transfer, https://stamps.hasil.gov.my/stamps/
Mortgage, Charge, Assignment, Letter of
Guarantee, Power of Attorney, Trust)
Select the LHDN State, relevant type of
> Third Schedule of the Stamp Act 1949 for instrument, fill in the details, upload the
a person to be liable to pay duty (eg: Buyer, relevant attachments and submit using
Purchaser, Obligor, Grantee, Transferee, STAMPS
Lessee, Assignee)

> Executed in Malaysia: to stamp within 30

days
Stamp Duty Assessment
> Executed outside Malaysia: to stamp
within 30 days after it was first received in Duty assessment by LHDN
Malaysia (Section 47 of the Stamp Act 1949) Average time frame for nominal
stamp duty is 1-2 weeks or shorter and
ad valorem stamp duty is 4-5 weeks or
shorter

Notice of Assessment
Amount of Stamp Duty to be paid
Deadline for payment: 30 days
from the date of Notice
Mode of payment
Computation of duty
Penalty (if late payment)

Payment
Pay the Stamp Duty via
e-payment or Solicitor’s
Client’s Account Cheque or
Banker’s Cheque

>RM25 or 5% of the deficient duty,

whichever is the greater, if stamped
Penalty for Late Stamping / within 3 months after the time for
Late Payment stamping

>RM50 or 10% of the deficient duty,

whichever is the greater, if stamped
after 3 months but not later than 6
months after the time for stamping

>RM100 or 20% of the deficient duty,

whichever is the greater, if stamped
after 6 months from the time for
stamping

The Bar Council Conveyancing Practice Committee is not responsible for any error or omission, or for the results obtained from the use
of the information herein. All information in this document is provided "as is", with no guarantee of the completeness, accuracy,
timeliness, or of the results obtained from the use of the information herein.

Issued by: Roger Tan, Chairperson, Bar Council Conveyancing Practice Committee