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The government's decision to postpone tabling of the Goods and Services Tax (GST) Bill for second reading in parliament is not due to lack of political will.
KUALA LUMPUR: It is not a question of if but when the goods and services tax (GST) will be implemented in Malaysia, according to Taxand Malaysia Sdn Bhd managing director Veerinderjeet Singh.
Consumers have to face greater challenges in 2010 as the government prepares to restructure the subsidy scheme on several items.
PETALING JAYA: Experts believe the 18-month period given before the goods and services tax (GST) is implemented in late 2011 is enough time to properly disseminate information and educate consumers and businesses.
THE goods and services tax (GST) has been waiting in the wings for several years now, but it may not be long before it takes to the stage. Although in his Budget 2010 speech, Prime Minister Datuk Seri Najib Tun Razak did not commit to the implementation of the tax, many observers believe it will happen within two years.