Rehda calls for exemption of GST on construction materials


Rehda president Datuk Seri FD Iskandar (pic) said many genuine housebuyers had problems coming up with their downpayment when financial institutions only offered financing of up to 80%.. (Real Estate and Housing Developers

KUALA LUMPUR: The Real Estate and Housing Developers’ Association (Rehda) is calling for the exemption of the GST on construction materials for the development of affordable housing as part of the association’s wish list for the upcoming Budget 2018.

While Rehda supports the introduction of the GST to make taxation more comprehensive, efficient, transparent, and business-friendly, the imposition of the GST has resulted in increased input prices.

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Business , Redha , housing , property , affordable housing , IBS , Budget 2018 , GST ,

   

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