GST first, POS compliance later


By JOY LEE
  • News Premium
  • Monday, 14 Sep 2015

Is it not good enough to use computer-generated invoices that is GST-compliant? : Koong

Chinese chambers say authorities should not rush small businesses into installing a point of sale (POS) system, adding that it’s more important to educate them on GST compliance. JOY LEE reports.

SMALL traders should be given time to fully understand and comply with the Goods and Services Tax (GST) regime before the authorities enforce the compulsory use of point-of-sales (POS) system, says the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM).

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In News

U.S. stocks advance after inflation data Premium
Ukrainian PM, German development minister discuss Ukraine's post-conflict recovery Premium
Roundup: Egypt considers Moody's ratings as "positive decision" amid ongoing global economic challenges Premium
Argentina confirms first case of monkeypox Premium
Oil prices rise ahead of U.S. summer driving season Premium
Ecuador reports 1st suspected case of monkeypox Premium
Cuba, Venezuela, Nicaragua condemn exclusion from U.S. summit Premium
Number of active U.S. drilling rigs down this week Premium
Roundup: Experts call for boosting ecological civilization cooperation at global forum Premium
U.S. agricultural futures rise Premium

Others Also Read