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Lower cost of doing business


“Now, local companies providing services for export need not charge the GST. It will make them more competitive and ease the cash flow of clients,” said Customs director-general Datuk Subromaniam Tholasy(filepic).

“Now, local companies providing services for export need not charge the GST. It will make them more competitive and ease the cash flow of clients,” said Customs director-general Datuk Subromaniam Tholasy(filepic).

PETALING JAYA: Companies providing services for clients outside Malaysia will see a lower cost of doing business from the Govern-ment’s latest measure to further refine the goods and services tax (GST).

For instance, those providing oil bunkering services or re-tooling work for foreign clients will not have to impose a GST charge of 6%.

Taxation , GST , GST

   

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