Utilities should be exempted from SST hike, says Wee

BUKIT MERTAJAM: Water and electricity should be exempted from the two percentage point increase in sales and service tax (SST) just like food and beverages (F&B), parking and telecommunications charges, says Datuk Seri Dr Wee Ka Siong.

The MCA president said the planned hike in SST for both public utilities from the current 6% to 8% would lead to higher costs down the line and eventually increase the financial burden on consumers.