RM7.9bil GST, income tax refunds paid out since March 3

The Inland Revenue Board of Malaysia's (IRB) newly-launched Monitoring Deliberate Tax Defaulters (MDTD) programme will track taxpayers identified as non-compliant.

KUALA LUMPUR: The Royal Malaysian Customs Department has refunded RM4 billion to 54,603 Goods and Services Tax (GST) registrants until March 3, 2019, while the Inland Revenue Board (IRB) has paid out RM3.9 billion in income tax refunds until Feb 28, 2019.

Finance Minister Lim Guan Eng said the income tax refunds involved 75,776 cases, comprising 38,104 companies and 37,672 non-company cases.