Skip to main content

Businesses should not attempt to evade the tax


PETALING JAYA -- Businesses should trust the government on the Sales and Services Tax (SST) implementation and they should not attempt to evade the tax, says Finance Minister Lim Guan Eng.
He said if businesses felt that they qualify for SST exemption, they must first apply to the Royal Malaysian Customs Department to determine their status.
“For example, there are businesses who provide services and they are unsure if they are subject to SST. So, let’s trust them and allow them to apply for exemption.
“After that, we will review their applications and if we find that they do not qualify for the exemption, then they will have to pay (the SST),” he told reporters after attending a briefing on the SST in Subang Jaya.
The briefing was organised by the Customs Department and attended by more than 500 people comprising business people, entrepreneurs and members of trade and business associations.
The finance minister said this is a friendly approach practised by the government to encourage traders to register their businesses for the tax, which would be enforced on Sept 1, 2018.
“So, let us trust first and determine the details later because the government is built on trust with the people,” he said, Bernama reported.
Lim said among the issues discussed in the briefing was the confusion surrounding the exemption of SST on flavoured milk for children.
“I only found out today on this matter (where flavoured milk is subject to SST). As I feel that milk is important for the growth and well-being of children, I will exempt flavoured milk from the tax.
“This came from the feedback (during the briefing) and we are ready to listen. If a request is reasonable, we are prepared to exempt (a product from the tax). This includes milk for babies,” he said.
Meanwhile, Customs Department Director-General Datuk Seri Subromaniam Tholasy said 77,451 businesses had registered under the SST system as at Thursday, Aug 16 via automated transfer from the Goods and Services Tax system. 
“Of this, 32,577 businesses were registered for sales tax and 44,874 for service tax. We estimate around 10,000 businesses have yet to register.

“However, this does not mean all of these businesses will be subjected to SST as they can apply for exemption,” he added.

Comments

Popular posts from this blog

Proton SUV open for booking at RM1,000

KUALA LUMPUR -- National car maker, Proton Holdings Bhd, is adopting an alphanumerical naming system for its future models beginning with the X70, its first sport utility vehicle (SUV). Sales and Marketing Vice-President Abdul Rashid Musa said the letter X is synonymous with crossover or SUV vehicles, while the number 70 denoted the size or class of the SUV and would enable Proton to adopt a logical system to add bigger or smaller models in the future. “This is the first time an alphanumerical naming system is used on a Proton model as our research shows it will make it easier to sell in ASEAN and other international markets, as there are no language barriers to overcome,” he told reporters at the preview of the new SUV. Proton Chief Executive Officer Dr Li Chunrong said Proton's adoption of the new naming system would make customer more focus on the brand name as compared with the model name. Abdul Rashid, who is also the Chief Executive Officer o...

Mahkamah meriah dengan tahanan reman lindungi rumah urut

PUTRAJAYA -- Mahkamah Majistret di sini “meriah” susulan prosiding reman beramai-ramai melibatkan 14 individu termasuk tujuh penjawat awam berkaitan dakwaan memberi dan menerima wang sogokan bagi melindungi premis urut di Kuala Lumpur. Tujuh penjawat awam terbabit ialah tiga anggota polis termasuk seorang ketua balai, seorang pegawai bomba dan tiga petugas Dewan Bandaraya Kuala Lumpur. Mereka berserta tiga lagi orang awam yang disyaki berperanan sebagai ‘runner’ atau utusan dibawa ke mahkamah itu pada kira-kira 10 pagi menaiki bas Suruhanjaya Pencegahan Rasuah Malaysia (SPRM), menyusuli empat lagi individu dipercayai pemilik premis yang tiba di mahkamah itu kira-kira sejam sebelumnya, menaiki van SPRM.    Prosiding reman terhadap kesemua mereka tamat pada kira-kira pukul 1.30 tengah hari denga...

Hujan lebat di Kelantan dijangka berlanjutan ke Januari

KOTA BHARU -- Jabatan Meteorologi Kelantan menjangkakan episod hujan lebat berkemungkinan akan berlanjutan ke bulan Januari tahun hadapan di negeri ini. Pengarahnya Rabiah Zakaria berkata ia berikutan Kelantan masih dipengaruhi Monsun Timur Laut pada bulan berkenaan. "Jabatan Meteorologi Malaysia sebelum ini menjangkakan akan berlaku empat hingga enam episod hujan lebat sepanjang Monsun Timur Laut pada tahun ini dengan purata jumlah hujan antara 440 milimeter (mm) hingga 690mm bagi bulan Disember ini di Kelantan," katanya ketika dihubungi Bernama di sini, hari ini. Rabiah berkata setakat ini empat episod hujan lebat telah berlaku di pantai timur termasuklah yang sedang berlaku sekarang. Beliau berkata pemantauan masih lagi diteruskan dari semasa ke semasa bagi menentukan kemungkinan tersebut kerana bulan Disember belum berakhir. "Jika ramalan itu berlaku, ia sedikit sebanyak mungkin akan memberi kesan kepada persediaan untuk sesi persekolahan baharu tahun ...