GST will not burden people - Customs GST
director
KOTA KINABALU: The Goods and Services Tax (GST) which
will be implemented on April 1, will not burden the
people, says Royal Malaysian Customs GST director Datuk
Subramanian Tholasy.
He said the GST model in
Malaysia was based on studies of the GST system in more
than 160 countries which had already implemented it.
"If we look at our GST model, all basic food products
are not subjected to GST...critical and important
services to the people, whether public transport,
private education, private health and certain financial
services, water consumption, electricity consumption up
to 300 units, all are exempted from GST," he said.
He was speaking to reporters after giving a GST briefing
from a business perspective to media practitioners
organised by the Sabah Information Department, in
collaboration with the finance ministry and domestic
trade, cooperative and consumerism ministry, yesterday. |
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Meanwhile in PADANG BESAR, about 260 companies in Perils
which recorded an income of more than RM500,000 each
were found not to have registered for GST.
Perils Customs director Datuk Mohd Paudzi Man said
information on the said companies was in the Customs
database showing their income reached RM500,000 per
annum.
He said most of the companies involved
were small and medium enterprises, restaurants and
entrepreneurs.
"We have sent AR registered
letters to them, beginning yesterday. They have until
Feb 28 to register. As of March 1, the customs
department will carry out a massive operation
nationwide," Mohd Paudzi told reporters after reviewing
operations at the Customs, Immigration and Quarantine
Complex, Padang Besar, ahead of the Chinese New Year
next week.
Source:
Astro Awani
, dated
13/02/2015 |
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