Malaysia says it has no plans to reintroduce GST

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KUALA LUMPUR (REUTERS) - Malaysia will not reintroduce a goods and services tax (GST) that was repealed last year, Finance Minister Lim Guan Eng said on Friday (Aug 11), presenting this government's second budget amid recent concerns about a revenue shortfall.. Read more at straitstimes.com.

KUALA LUMPUR - Malaysia will not reintroduce a goods and services tax that was repealed last year, Finance Minister Lim Guan Eng said on Friday , presenting this government's second Budget amid recent concerns about a revenue shortfall.

"To respect the mandate by the people in elections, the government does not want to implement GST again," he said in Parliament.

 

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