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Information on the definition and disposal of movable assets can be found in Treasury Circular Bil.5 Year 2007. Circulars are available from the Treasury website. Capital assets are: -
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(a) |
The moveable assets with the original acquisition price of RM1,000 and above; |
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(b) |
movable assets that require scheduled maintenance, regardless of the original acquisition price. This scheduled maintenance refers to assets that require maintenance as provided in the manual / user manual. |
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Last Updated on Monday, 26 March 2012 13:09 |