Johari: 65% of GST income from import tax

Johari: ‘The previous sales and service tax was not efficient and some businesses did not pay tax.’

KUALA LUMPUR: Some 65% of the additional RM20bil income from the goods and services tax (GST) implementation over the past one-and-a-half years came from taxes imposed on imported goods and services, said Finance Minister II Datuk Johari Abdul Ghani.

This proves that the introduction of the GST has been a success in addressing the inefficiencies of the previous taxation structure, he said.