GST zero rated from June 1

A young boy poses with a poster asking for the GST to be abolished during a May Day rally in Kuala Lumpur on May 1, 2014.

KUALA LUMPUR: The Goods and Services Tax (GST) will be set at zero percent beginning June 1, 2018, says the Finance Ministry.

In a statement, the Ministry said that the reduction of the rate from the current 6% to 0% will be implemented nationwide until a further announcement is made.