GST better than SST, says World Bank economist

KOTA KINABALU: The goods and services tax (GST) is better than the sales and services tax (SST) because GST widens a country’s tax base and brings in more revenue, says World Bank Group lead economist Dr Apurva Sanghi.

More than 170 countries around the world have adopted some kind of value-added tax (VAT) or GST system, and that is one reason why the GST is more efficient than the SST, he said.