KUALA LUMPUR: The Federation of Malaysian Manufacturers (FMM) supports a reintroduction of the Goods and Services Tax (GST) to replace the current Sales and Services Tax (SST) system.
In a statement issued on Thursday, the FMM said the GST rate should be reduced from 6% to 3% to boost business conditions which would lead to higher investments and employment opportunities as well as higher disposable income for the rakyat.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!