GST - Take antibiotics till the End - Malaysian PM
MALAYSIA introduced GST with effect from 1st April 2015. In the last less than two months, there is total mess all around in spite of the low rate of 6% GST. Today the Prime Minister who is also the Finance Minister said, "We have to inform about additional revenue, how we are using it. We are collecting for the benefit of the people, we will return it to the people. These are short-term challenges that must be faced."
Noting that there were grumblings from people, the Prime Minister wanted the officers to get feedback to see if their grumblings have any basis or was caused by certain quarters taking advantage by maintaining the sales prices with an additional 6% even though the SST had been abolished . The prime minister hoped all parties would continue to understand GST as a more efficient and effective tax system that makes the country's fiscal financial foundation stronger and said, "We must take antibiotics until the end to allow our health to recover, we must have courage despite being beaten by the waves as the ship must head to its destination."
What is in store for us?