KUALA LUMPUR: The decision on whether the goods and services Tax (GST) will apply to petroleum products will very much depend on the projected savings that could be derived from the Government’s subsidy rationalisation programme, said deputy Finance Minister Datuk Ahmad Maslan.
“We are carrying out a study on the subsidy rationalisation headed by the Minister in the Prime Minister’s Department Datuk Seri Abdul Wahid Omar, and when it is completed, we will be able to see how much we could save,” he told reporters on the sidelines of the International Seminar on GST 2014 here yesterday.
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