Global slump bad time for GST comeback, says Sim

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Global slump bad time for GST comeback, says Sim
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Putrajaya has other ways to raise revenue apart from reimplementing goods and services tax, he says.

Deputy finance minister Steven Sim says the government needs to consider the holistic impact of bringing back the goods and services tax.

“These parties have their reasons for GST’s reintroduction. For example, traders might say they can claim back but we need to look at the situation holistically and not just from one or two parties. Ahmad, via a post on his Facebook page, said previously, he faced strong opposition over the GST but now, many parties have assisted in explaining the tax.

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