SST Bills tabled in Parliament for first reading
KUALA LUMPUR (July 31): The Federal government tabled the Sales Tax Bill 2018 and Services Tax Bill 2018 (SST Bills) for their first reading in the Dewan Rakyat today.
Malaysia to table SST bill in Parliament next week
KUALA LUMPUR (July 23): Minister in the Prime Minister’s Department Datuk Liew Vui Keong said today that the Malaysian government hopes to table the sales and services tax (SST) bill in Parliament next week to replace the goods and services tax (GST).
Proposed SST ‘more or less similar’ to what was previously implemented, say analysts
KUALA LUMPUR (July 21): The proposed and impending Sales and Services Tax (SST) is more or less similar to what was previously implemented, but with some changes, tax analysts told The Edge recently.
PM: Big-ticket items that 'generate wealth' should be SST-exempted
KUALA LUMPUR (July 21): Prime Minister Tun Dr Mahathir Mohamad (pictured) is of the opinion that big-ticket items that can “generate wealth” for the country should be exempted from the impending sales and services tax (SST).
Finance minister: Luxury goods should be subject to SST
KUALA LUMPUR (July 20): The goods to be exempted from the Sales and Service Tax (SST), which include big-ticket items, posted on the Royal Malaysian Customs Department’s website, are still at the proposal stage, Bernama reported today.
SST can cut consumption tax by half, says Guan Eng
KUALA LUMPUR (July 19): Putrajaya has conceded that the sales and services tax (SST) system is not as transparent as the goods and services tax (GST), but stressed that the former is able to reduce Malaysian consumption tax by half.
DBKL ends sale of 18 parcels of land worth RM1.4bn
PETALING JAYA (July 19): Dewan Bandaraya Kuala Lumpur (DBKL) has ended the sale of 18 parcels of land worth RM1.
‘E-commerce will complement physical stores’
KUALA LUMPUR (July 17): Retail Group Malaysia managing director Tan Hai Hsin believes that online retail will not replace physical retail stores.
Retail growth forecast revised upwards for 2018
KUALA LUMPUR (July 17): Retail Group Malaysia has revised Malaysia’s 2018 retail growth rate forecast from 4.
Country Garden: Preparation and execution of Danga Bay S&P follows laws
PETALING JAYA (June 26): Country Garden Danga Bay Sdn Bhd has reiterated that the preparation and execution of the sale and purchase agreements (S&P) between the company and its Danga Bay project’s customers follows the requirements of relevant Malaysian laws and regulations.
