Industry players call for scrapping of HVGT in favour of GST


PETALING JAYA: Industry players and stakeholders have called for the proposed High-Value Goods Tax (HVGT) to be scrapped to pave the way for a better and more comprehensive tax system like the Goods and Services Tax (GST).

They said the limited revenue to be derived from the HVGT does not warrant its implementation.

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Government , GST , tax , high-value goods tax , HVGT , business.

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