Friday, February 12, 2010

GST waiver for basic goods and services

KUALA LUMPUR: Malaysians need not worry about paying goods and services tax (GST) on certain basic necessities and services under the new tax regime targeted for implementation in the middle of next year.
The Government has decided that 40 basic goods and services will be exempted from the GST, said Finance Minister (II) Datuk Seri Ahmad Husni Mohamad Hanadzlah.
They included basic foodstuff, residential accommodation, education, health services, public transportation and domestic water and electricity supply to a certain limit.

Read On in The Star

Sentuhan Bayu: I have no comment on this. I know for a fact no matter how much noise i make, i'll still have to pay.
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