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Too many exemptions led to GST confusion

Too many exemptions led to GST confusion
20 May 2015

As published in The Malaysian Insider19 May 2015

Tax experts have suggested that the placing of several items under the zero-rated and exempt-supply list to help the poor is a reason for hiccups seen in the tax's implementation since 1 April, along with the decision for the tax to not cover more goods and services.

Dr Veerinderjeet Singh of Taxand Malaysia agreed, saying that Malaysia had chosen to implement a complicated version of the GST.

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Taxand's Take

Multinational and national corporations operating within Malaysia should keep abreast of GST developments and ensure compliant.

Taxand's Take Author

Veerinderjeet Singh
Taxand Board member

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