Lim: Govt may add to list of SST-exempt items based on public feedback


  • Nation
  • Sunday, 02 Sep 2018

Finance Minister Lim Guan Eng. – Bernama

KOTA KINABALU: The government may add more items to the list of goods exempted from Sales and Service Tax (SST) by year-end, based on feedback from the public.

Finance Minister Lim Guan Eng said the ministry can only finalise the new list (if any) by year-end and urged the public to help by providing suggestions and recommendations.

"What's most important is the economic well-being of the people," he said after an SST briefing and forum here on Sunday (Sept 2).

He said businesses were still suffering from the 6% Goods and Services Tax (GST), with many still waiting for their tax returns.

Meanwhile, Lim said the relevant authorities, as well as the public, must work together to help monitor the price of goods post-SST.

"We promised that the SST will not be as burdensome as the GST and we do not want unscrupulous profiteering," he said.

He also advised consumers and businesses to check the latest information and list of tax-exempted items to avoid confusion.

"Items like dried fish, dried shrimps and salted fish are SST-exempt," Lim said in response to questions on whether these items were still taxed.

On other developments, Customs Department director-general Datuk T. Subromaniam said they were working with the Domestic Trade and Consumer Affairs ministry to set a recommended price for goods to stabilise prices in the market.

He also urged the public with any problems with regards to the SST to call the department's hotline at off-peak hours to avoid congestion of lines.

"We have extended our working hours up to midnight and even on weekends," he said.

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