IRB to waive penalties in first year of self-assessment stamp duty system - News Summed Up

IRB to waive penalties in first year of self-assessment stamp duty system


“Taxpayers are required to complete the stamp duty return form (BNDS) through the e-Duti Setem (e-DS) system, and provide the details for the purpose of calculating the stamp duty. “I believe people are more concerned when they are required to assess the stamp duty themselves, compared with before. Shafudin also said that the existing method of paying stamp duty remains unchanged, with payments continuing to be made online through the FPX platform. “Stamp duty is not merely a form of payment, but a confirmation of the legal validity of a document. Without stamp duty, documents may be considered invalid and difficult to accept in official matters, including in court,” he said.


Source: The Edge Markets December 26, 2025 12:14 UTC



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