GST zero rated from June 1


  • Nation
  • Wednesday, 16 May 2018

A young boy poses with a poster asking for the GST to be abolished during a May Day rally in Kuala Lumpur on May 1, 2014.

KUALA LUMPUR: The Goods and Services Tax (GST) will be set at zero percent beginning June 1, 2018, says the Finance Ministry.

In a statement, the Ministry said that the reduction of the rate from the current 6% to 0% will be implemented nationwide until a further announcement is made.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!
   

Next In Nation

Kelantan to update conditions for cinemas in the state
Tenggara Bersatu division chief, committee members exit party
Tragic end for woman during Deepavali picnic at Sungai Sedim
Ukraine sees Malaysia as Asean gateway for UAV partnerships
Eight missing after fishing trip found safe in Sarawak, says cop
Customs Department denies that DG Anis Rizana misused allocation for vacation
Malaysian Media Council needs to be established immediately
Eighteen-year-old dies after electrocution on express bus in Butterworth
Lowest starting salary on SPA website to be updated in December
Stricter laws to tackle cyberbullying be tabled at the coming Parliament sitting

Others Also Read