Ahmad Maslan emphasised the implementation of GST is good with 83% of countries in the world having used the taxation system. theSun theSundaily tax GST discussion implementation government
: There has not been any discussion or meeting held regarding the re-implementation of the Goods and Services Tax since the Unity Government was established, said Deputy Finance Minister Datuk Seri Ahmad Maslan“That’s all I can say. The government has not discussed it . There has been no decision on that yet. For the time being we are implementing what is being implemented,” he said.
“Conducting a study from ordinary universities to world-renowned universities, no one says GST is not good. If it is not good, why do 83 per cent of countries in the world implement something that is not good,” he told the media after officiating the National Accountant Convention 3.0 here today. “Efforts in that direction are being made and I take a small example, such as if we can reduce leakage in terms of smuggling. Some say tax evasion from these cigarettes is approximately RM5 billion.
Commenting on the increase in the Overnight Policy Rate , Ahmad suggested Bank Negara Malaysia provides information to the people in the event of any new announcement regarding the rate.
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