News about GST

KUALA LUMPUR (March 18): The federal government will not be introducing any new additional taxes for now as it is seeking ways to broaden its revenue post-pandemic, according to Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR (March 16): The Ministry of Finance (MoF) is currently undertaking a study on how to widen Malaysia’s revenue base, which includes reinstating the goods and services tax (GST) as well as reviewing tax incentive packages to further consolidate them and make them more targeted and strategic.

KUALA LUMPUR (Feb 4): The government is likely to look into the possible reimplementation of the goods and services tax (GST), but the implementation of the tax would likely be in 2022 and into 2023.

KUALA LUMPUR (Jan 22): The Government could reevaluate the Goods and Services Tax (GST) and reflect on how the consumption tax could be implemented better, considering all the possible advantages of the GST over other tax regimes will benefit the government, businesses and the people, said MIDF Amanah Investment Bank Bhd (MIDF).

KUALA LUMPUR (Aug 3): The government still has an outstanding RM4.

KUALA LUMPUR (Feb 7): Some RM7.

KUALA LUMPUR (Jan 3): Puncak Niaga Holdings Bhd has filed a judicial review application against the Royal Malaysian Customs Department's demand for goods and services tax payments totalling RM5.

KUALA LUMPUR (Dec 20): A unit of Puncak Niaga Holdings Bhd has received two bills of demand from the Royal Malaysian Customs Department for Goods and Services Tax payments totalling RM5.

KUALA LUMPUR (Nov 15): Malaysia's economic growth, as measured by gross domestic product, moderated to 4.

Putrajaya has no plans to reintroduce the Goods and Services Tax.