The sales and services tax has a lower impact on the people, says the finance ministry.
In a written parliamentary reply, Lim said the analysis was carried out on the prices of 900 daily essential goods, from May to December 2018.He also said the total collection of SST for 2018 was RM5.4 billion, which exceeded the targeted collection of RM4 billion after the implementation on Sept 1, 2018.
Lim said the collection for SST this year is expected to be RM21 billion, less than the RM44 billion earlier estimated for GST in 2018.
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