GST vs SST. Which is better?

MALAYSIA’s decision to revert to the Sales and Service Tax (SST) from the Goods and Services Tax (GST) will result in a higher disposable income due to relatively lower prices it will incur in most goods and services.
Consumers will have a choice in their consumption – by paying service taxes based on their affordability and ability.
The coverage of GST was comprehensive and it covered too wide a sector. While it was able collect a sustainable sum of RM44bil for the country, it was not people-friendly.

Download “Guide On Proposed SST For Various Goods“

 

 

 

 

 

 

 

 

 

 

 

Source: The Star