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Business : Industry Players Urged To Prepare For GST

KUALA LUMPUR, July 1 (Bernama) — Industry players have been urged to equip themselves with the knowledge and capability to comply with the implementation of the Goods and Services Tax (GST) on April 1, 2015.

“The government wants to be more efficient in tax collection, but that doesn’t mean that everything must be more expensive.

“The government has actually studied where it should have lesser tax and where it should have more or undercollecting,” Malaysian National News Agency (Bernama) General Manager Datuk Yong Soo Heong told a media conference on the National GST Conference 2014 Tuesday.

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