New retail regime


Retail rush: A large crowd of people are seen queueing for groceries at the Mydin Mall in Subang Jaya, prior to the implementation of the Sales and Service tax on Sept 1.

WITH the Sales and Service Tax (SST) finally upon us, many small and medium-sized enterprises (SMEs) are bracing for a renewed business era.

The three-months zero-rated Goods and Services Tax (GST) period that ended on Friday was considered a buoyant time, especially for local SME retailers. So what can they expect the business environment to be like, going forward?

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Business , SME , SST , retail

   

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