KUALA LUMPUR, April 22, 2015:
Twenty-two days after the Goods and Services Tax was enforced, Deputy Finance Minister Datuk Ahmad Maslan took to his Facebook today to explain about the Sales and Services Tax which GST replaced.
He said GST had to be recorded on the sales receipt compared to the SST, enforced since 1972, which was not recorded on the receipt.
“The public must ask themselves the question why 170 out of 190 nations had implemented GST. Did they do it because they wanted to make life hard for the people?
“Out of the 170 countries there are those that are backward, lower middle income, high middle income like Malaysia and developed countries.
“The public must look into the reasons why 43 out of the 57 Organisation of Islamic Conference countries have implemented GST.
The countries concerned would have looked into the implementation of the tax from an Islamic angle first.”
Ahmad Maslan said all of a sudden after April 1 the public had become aware of finance. Previously they never asked for a receipt but now they keep and spread it worldwide via WhatsApp.
He added that the Domestic Trade, Cooperative and Consumerism Ministry and the Customs Department are now enforcing the law, adding that the public is waiting to see businessmen who had taken advantage of the GST taken to court under the Price Control and Anti-Profiteering Act.
“To quicken the trials, courts in all state are ready to hear the cases, those found guilty could either be fined or go to jail.
“There is zero GST on basic food items such as rice, flour, sugar, salt, spices, vegetables and food items.
“Basic services such as education, health, public transport, house rent and government services are excluded from GST, zero GST only exist only in Malaysia.
“The 6% rate in one of the lowest in the world only three other countries have a 5% rate,” he said.
“GST is the biggest change to the nation’s taxation system, Prime Minister Datuk Seri Najib Razak stated this in his meeting with the Customs Department on March 30,” Ahmad Maslan said.
“Customs is of the view that the GST system would stabilise within six months but I hope it will stabilise within three to four months.”
Ahmad Maslan said he would not stop explaining about GST because if he does so, the opposition will take advantage with twisted statements of their own.