The gold and goldsmith industry wants the Government not to impose the sales and service tax (SST) on gold products, just like how it was prior to the introduction of GST in April 2015, to encourage the industry to grow.
A LOT that glitters is gold and now is a good time to buy it.
As gold prices dropped to a six-month low owing to a surge in US dollars, this could be an opportune time to buy precious yellow metal jewellery for both investment and keepsake purposes, and what more with the zero-rated Goods and Services Tax (GST).
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