RM19.47b in GST refund not paid to 121,429 individuals, companies

  • Economy
  • Friday, 7 Dec 2018

KUALA LUMPUR: The former government failed to reimburse RM19.47bil in Goods and Services Tax (GST) refund to 121,429 companies and individuals, says Finance Minister Lim Guan Eng.  

He said under Section 54 of the GST Act 2014, the monies collected must be deposited into the GST Trust Fund to enable reimbursements.

Economy , Taxation