Finance Ministry: GST for certain banking services


PETALING JAYA: Bank customers will have to pay extra for certain banking services once the Goods and Service Tax (GST) is implemented on April 1.

The Finance Ministry, on its Facebook page Friday, said service charges by banks will be subjected to GST, and as such customers will have to pay the extra 6%.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

GST , banking , Malaysia

   

Next In Nation

Body found in river near Kuala Kangsar
Engineer files false police report to claim insurance
OK for Muslims to wish Christians 'Merry Christmas', says Jakim
Accident blocks Ipoh-Menora Tunnel route, causes 5km congestion
Man escapes after his luxury car catches fire on Bera-Mayam road
Penang to continue annual aid for Tamil vernacular school infrastructure, says CM
Lorry driver fined after tyre comes loose, hits car in Jerantut
CCTV footage shows missing teen visited boyfriend’s house
Policeman feared drowned near Teluk Intan, search underway
Senior citizens among four arrested for illegal gambling in Bagan Datuk

Others Also Read