THE use of adhesive stamps (revenue stamps) and postal franking machines as a method of stamping documents or agreements will be terminated beginning January 1, 2024. 

In a statement today, the Inland Revenue Board (IRB) said duty payers are only allowed to use revenue stamps for document or agreement sealing until December 31, 2023. 

Taxpayers are also advised to use up any remaining revenue stamps in their possession. 

“No refunds or cash substitutions are permitted for any unused revenue stamps. 

“Applications for stamping and payment of stamp duty can be made online through the Stamp Duty Assessment and Payment System (STAMPS) portal at https://stamps.hasil.gov.my without having to attend the stamp duty counter,” the statement read. 

It said Malaysian citizens and permanent residents with an income tax file could register their STAMPS user ID, submit an assessment request, and make a stamp duty payment online through the STAMPS portal. 

Individual tax file registration can be done through e-Daftar at https://edaftar.hasil.gov.my. – Bernama, August 21, 2023.