CBP

Government agencies involved in channelling information on the implementation of the Goods and Services Tax (GST) are asked to intensify briefing programmes and go down to the target groups before the date of enforcement in April next year.

Deputy Minister of Communications and Multimedia Datuk Jailani Johari said it was important for government agencies and community [...]

The target of 220,000 companies registering for the Goods and Services Tax (GST) by year’s end is expected to be met.

Deputy Finance Minister Datuk Ahmad Maslan said this was because 201,440 companies had done so, including more than 4,000 companies which registered Wednesday.

“A total 4,008 companies registered yesterday alone. It was the highest among all [...]

The Royal Malaysian Customs Department denied today that implementation of the Goods and Services Tax (GST) will cause a sudden rise in medical costs in the country.

GST Director Datuk Subromaniam Tholasy said on the contrary, implementation of the new tax regime will have a number of advantages for consumers or patients, particularly when the existing [...]

Of late, there has been concern on how the impending Goods and Services Tax (GST), effective April 1, 2015, will impact the property sector.

Broadly, property buyers can be divided into two groups – those who want to buy before April 1 and those who want to buy post-GST.

There is an explanation for both groups for [...]

The government plans to set up a special court for the Goods and Services Tax (GST) in an effort to monitor GST implementation starting April 2015.

Domestic Trade, Cooperatives and Consumerism Deputy Minister Datuk Seri Ahmad Bashah Md Hanipah said the special court would hear cases against unscrupulous traders who increased their price indiscriminately after the [...]

Prime Minister Datuk Seri Najib Tun Razak today reaffirmed that there is no turning back for the implementation of the Goods and Services Tax (GST) scheduled for April 1, 2015.

He also expected the number of companies that are GST-registered, which now stood at 120,000, to increase to 200,000 by year-end.

In a keynote address at Malaysia [...]

Duty-free islands of Langkawi, Tioman and Labuan will be exempted from the Goods and Services (GST), said Deputy Finance Minister Datuk Ahmad Maslan.

He said the tax exemption would benefit the islands and residents and would not have a negative to their economy.

Addressing a GST briefing here Sunday, he said the government would take measures to [...]

The Domestic Trade, Cooperatives and Consumerism Ministry has been urged to form a special task force to monitor the implementation of the Goods and Services Tax (GST) among traders.

Tanah Merah Member of Parliament, Datuk Ikmal Hisham Abdul Aziz, said the task force was important to ensure traders would not take advantage and raise the prices [...]

The adjustment of the market prices of houses is expected to be seen in the third or fourth quarter of next year after the implementation of the Goods and Services Tax (GST) in April.

Syarikat Perumahan Negara Bhd (SPNB) president Datuk Dr Kamarul Rashdan Salleh said the adjustment would occur when the cost of building materials [...]

The exemption of 532 items from the Goods and Services Tax (GST), which will be implemented in April next year, showed that the government is concerned about the rakyat’s welfare.

Deputy Minister of Domestic Trade, Cooperatives and Consumerism, Datuk Seri Ahmad Bashah Md Hanipah, said the rakyat did not have to worry about the GST because [...]

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