Smart investments can help you grow your assets.
However, what if you had to pay a fee to withdraw your funds?
Is it true that the Customs Department is charging a sales and service tax (SST) on investments?
Verdict:
FALSE
The Customs Department has refuted a viral letter entitled "Notis Rasmi Tunggakan Caj Perkhidmatan (SST) 8 Peratus Dalam Pelaburan" (Official Notice of Outstanding 8% Service Tax (SST) Charges in Investment).
In a post on Facebook, the department said the letter is a scam misusing the department's name and official logo to deceive the public into making payments.
"The Customs Department has never issued any letter demanding SST payments for the release of investment funds," it said.
It also reminded the public not to be easily deceived by suspicious letters, calls or messages using the department's name, and advised them not to make payments or share personal information with unknown parties.
All official matters can be verified through the department's official channels or via the Customs Call Centre hotline at 1-300-888-500.
