SST expansion will burden SMEs, says group

KUALA LUMPUR: The Sales and Service Tax (SST) will burden small and medium enterprises (SMEs) when it is implemented for business-to-business (B2B) transactions, says the Malay Businessmen and Industrialists Association of Malaysia (Perdasama).

The group, which is requesting the government to review the implementation of the SST, said the Goods and Services Tax (GST) is preferred as it has proven to be transparent and balanced.