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BN to push for GST’s return after GE16


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The GST, a multi-stage consumption tax, was introduced in April 2015 at a rate of 6% before being zero-rated in June 2018. (Bernama pic)
PERAI:

Barisan Nasional chairman Ahmad Zahid Hamidi says the coalition will push for the return of the goods and services tax (GST) after the 16th general election, calling it a fairer and more effective way to collect revenue.

Zahid said the sales and service tax (SST) would continue for now, but stressed that BN’s position on reinstating GST after GE16 was firm.

“SST is given a chance for the time being. There are still two years left (to GE16),” he said when opening the 17th Makkal Sakti annual general meeting today.

Zahid, who is also a deputy prime minister, described GST as the “best tax regime” for Malaysia, saying it allows for more efficient revenue collection, ensures fairness across all income groups, and enables the government to channel larger allocations back to the people.

He also said the country had previously…

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