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In the 1989 Budget, the Government indicated its intention to introduce a Sales and Service Tax or SST. Elaborate preparations were made by the Customs Department to prepare the way for this new tax. Manpower was beefed up, extensive studies were carried out and a number of Customs personnel were trained in this field.
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.
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.
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.