SST or GST: Finance Ministry needs detailed study to determine which is better

Deputy Finance Minister I Datuk Abd Rahim Bakri said the government would need to determine if it should re-introduce GST or continue with SST with an improved system to ensure which will yield better tax revenue.

"The most important thing is that in the end, it will increase the country's revenue but at the same time, will not affect the interests of the rakyat," he said in his winding-up speech on points raised during the debates for the Sales Tax Bill 2020, which was passed via a simple voice vote on Thursday .

According to Abd Rahim, the strengthening of the law was important to give more leeway for the Customs Department to collect tax revenue.

Just impose both, anyway the price is going up due to inflation and covid. The people can just buy less, spend less and be thrifty. Those who are poor are not able to buy things even now, so who cares about inflation and GST. The minister is stupid.

3% GST

No tax is the best!

No money

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SST or GST: Finance Ministry needs detailed study to determine which is betterKUALA LUMPUR: The government will carry out a detailed study to determine if the Goods and Services Tax (GST) should be reintroduced or to continue with the Sales and Services Tax (SST) now in place. Either way the rakyat is fucked and the corrupted get even more richer Direct Nego is the best Both SST & GST oredi tried & implemented. It serves 2 show how govt cntinue 2b vague & dodgy instead of being transparent.
Source: staronline - 🏆 4. / 75 Read more »