PETALING JAYA: A solution should be found for the cascading effect of the Goods and Services Tax (GST) before the government considers reimposing the taxation system, say experts.
Socio-Economic Research Centre (SERC) executive director Lee Heng Guie said previous issues such as delayed refund payments which had impacted businesses’ cash flow, besides the cascading effect towards the cost of living, should also be addressed.
