Finance Minister: RM17.1b in GST, income tax refunds returned as of April 30 | Malay Mail

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Finance Minister: RM17.1b in GST, income tax refunds returned as of April 30

Lim branded the tax refund arrears, amounting to a total of RM37 billion, as a failure on the part of the previous administration. — Picture by Ahmad Zamzahuri

Finance Minister Lim Guan Eng said the one-off RM30 billion special dividend from Petronas, which he announced in the 2019 Budget speech in November last year, has already begun to be paid by the government in stages. Of the GST refunds, RM9.5 billion has been returned by the Royal Malaysian Customs Department to 76,002 registrants, while for income tax refunds the Inland Revenue Board has returned RM5.2 billion and RM2.4 billion to 70,205 companies and 1,186,288 non-companies, respectively.

 

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