SST or GST: Finance Ministry needs detailed study to determine which is better
Published on 17 Dec 2020 4:43:55 PM
The government will carry out a detailed study to determine if the Goods and Services Tax (GST) should be reintroduced or to continue with the Sales and Services Tax (SST) now in place.
Deputy Finance Minister I Datuk Abd Rahim Bakri said the government would need to determine if it should re-introduce GST or continue with SST with an improved system to ensure which will yield better tax revenue.
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The government will carry out a detailed study to determine if the Goods and Services Tax (GST) should be reintroduced or to continue with the Sales and Services Tax (SST) now in place.
Deputy Finance Minister I Datuk Abd Rahim Bakri said the government would need to determine if it should re-introduce GST or continue with SST with an improved system to ensure which will yield better tax revenue.
Read more at https://bit.ly/37qAiP0
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline