9.17 Foreign currency conversion use for tax invoice and records keeping

There is no requirement to write in for approval.

The use of the following exchange rates corresponding to the time of supply is acceptable by the Royal Malaysian Customs (Customs):

1. In the case of local transaction, the use of daily exchange rates, selling rate in accordance with paragraph 5 of the Third Schedule of the GST Act 2014 of any bank operating in Malaysia is acceptable.
2. In the case of importation of goods, conversion of foreign currency should be at the exchange rates published weekly by Customs.