KUALA LUMPUR: Collection of consumption-based tax revenue has dropped following the re-implementation of the sales and service tax to replace the goods and services tax , says the Finance Ministry.
Collection in subsequent years was RM55.7bil in 2016, RM60.5bil in 2017, and RM30.9bil up to May 2018, when GE14 was held. "Overall, GST collection from April 2015 until it was abolished in May 2018 amounted to RM184.8bil while the total SST collection was RM150.4bil between September 2018 and 2023," the ministry said in reply to Salamiah Mohd Nor.
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