Only 10% of firms registered for GST applying for software subsidy

Many small- and medium-sized enterprises (SMEs) that are eligible for the RM1,000 e-voucher are not aware of it, says Royal Malaysian Customs Department's GST director Datuk Subromaniam Tholasy - Bernama Photo.

KUALA LUMPUR: Only 10% of some 7,000 companies which have registered for the coming goods and services tax (GST) scheme, have applied for the RM1,000 subsidy to upgrade their accounting software to be GST-compliant, says the Royal Malaysian Customs Department.

"Many small- and medium-sized enterprises (SMEs) that are eligible for the RM1,000 e-voucher are not aware of such a benefit," said GST director Datuk Subromaniam Tholasy.