BUDGET 2015 | Prime Minister Najib Abdul Razak today announced an expansion to the list of exempted items from the Goods and Services Tax (GST) during the tabling of Budget 2015 in Parliament.
The premier said with the abolition of the Sales and Services Tax (SST) coupled with this exemption, 532 out of 944 goods and services in te basket of goods in Consumer Price Index would go down by up to 4.1 percent.
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Businesses don’t buy PM's 'cheaper goods with GST'
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BUDGET 2015 ‘GST would increase the overall operating costs of businesses.’