Budget 2015: GST on electricity usage after first 300 units and RON97


THE much-talked-about goods and services tax (GST) will also be imposed on a higher consumption of electricity, but not on subsidised petrol usage such as RON95, diesel and liquefied petroleum gas.

For electricity, the GST will be imposed on consumption after the first 300 units of electricity, which is an increase from the 200 units of electricity announced last year. But there is a special category for RON95 petrol.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , GST , Budget 2015 , economy , business ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read