Finance Ministry: GST for certain banking services

PETALING JAYA: Bank customers will have to pay extra for certain banking services once the Goods and Service Tax (GST) is implemented on April 1.

The Finance Ministry, on its Facebook page Friday, said service charges by banks will be subjected to GST, and as such customers will have to pay the extra 6%.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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GST , banking , Malaysia

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