MCA leaders warn of risks in SST expansion


GEORGE TOWN: The Federal Government risks triggering widespread contract disputes and burdening consumers with cascading costs if it proceeds with plans to expand the Sales and Services Tax (SST) from July 1, say two Penang MCA leaders.

Penang MCA secretary Yeoh Chin Kah warned that many construction contracts were signed before the policy was announced, lacking clauses to account for the additional 6% tax.

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