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Business 11 Aug 2018 | 12:00 AM

Implications of the RM19.4bil shortfall

The alternative view by M. Shanmugam
The immediate concern is the budget deficit for 2018 spiking to 4% if the GST refunds are made this year

Nation 11 Aug 2018 | 12:00 AM

Customs D-G: RM19.4bil for refunds yet to be approved

PETALING JAYA: The Customs Department had requested for a total of RM82.9bil of Goods and Services Tax (GST) refunds over a period of three years, but the amount was not paid in full, says its director-general.

Business 11 Aug 2018 | 12:00 AM

The real challenge for the new government

The pain of running a government, which is short of money and full of ideas to reform, begins

Nation 10 Aug 2018 | 4:39 AM

Former Treasury sec-gen Irwan lodges MACC report

PUTRAJAYA: Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah has lodged a report with anti-graft authorities on the “missing GST funds” allegations.

Nation 10 Aug 2018 | 12:00 AM

Zahid: Stop playing the blame game

KUALA LUMPUR: Opposition Leader Datuk Seri Dr Ahmad Zahid Hamidi has criticised Finance Minister Lim Guan Eng for accusing the previous government of stealing RM18bil out of the RM19.4bil input tax credit under the Goods and Services Tax (GST) system.

Nation 10 Aug 2018 | 12:00 AM

Open inquiry mulled over missing RM18bil GST refunds

KUALA LUMPUR: Finance Minister Lim Guan Eng will propose to hold an open inquiry to clear the air over the RM18bil in Goods and Services Tax (GST) input tax credit.

Nation 09 Aug 2018 | 8:47 AM

Zahid slams Guan Eng for claiming BN govt 'robbed' RM18bil

KUALA LUMPUR: Opposition leader Datuk Seri Dr Ahmad Zahid Hamidi lambasted Finance Minister Lim Guan Eng for accusing the previous Barisan Nasional government of "robbing" RM18bil out of the 19.4bil refunds of the Goods and Services Tax (GST) regime.

Nation 09 Aug 2018 | 12:00 AM

‘RM19bil GST collected, RM18bil taken’

KUALA LUMPUR: The previous government has not been able to refund companies their tax credit that came about following the implementation of the Goods and Services Tax (GST) because 93% of the money was not placed in the correct account, Finance Minister Lim Guan Eng revealed.

Nation 09 Aug 2018 | 12:00 AM

‘Of RM19bil input tax credit, RM18bil taken by last govt’

KUALA LUMPUR: The previous government has not been able to refund companies on their tax credits that came about following the implementation of the Goods and Services Tax because 93% of the money was not placed in the trust account, Finance Minister Lim Guan Eng revealed yesterday.

Nation 08 Aug 2018 | 2:23 PM

Guan Eng: Former sec-gen of Treasury might be responsible for missing RM18bil

KUALA LUMPUR: A former Treasury secretary-general may have been responsible for RM18bil missing from a trust fund that was meant to hold Goods and Services Tax (GST) refunds.