GST began on April Fool’s Day 2015 and we have been fools ever since but what have they done with the money collected?

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The GST (Goods and Services Tax) Malaysia

The GST (Goods and Services Tax) Malaysia (2)

19 April 2018

Apr 19

After GST was introduced, more Malaysian voters are asking: Where is our money going?

SINGAPORE – The introduction of the goods and services tax (GST) in 2015 means that every Malaysian is now paying tax on daily items from the toothpaste they use to the Milo they drink.

This has raised people’s expectations of accountability as they want to know how their money is being used, analyst Francis Hutchison told a forum on Thursday (April 19).

He identified the GST as one of two key features that have changed Malaysia’s political landscape significantly ahead of the general election, the other being a further fragmentation of Malay-based parties.

Without the GST, fewer people would have felt the tax pinch because only 2.3 million Malaysians, or about 15 per cent of the workforce, pay income tax.

“People change: Once you start paying taxes, what you expect of the government also changes… If you are going to tax me, I want to see where the money goes,” said Dr Hutchinson at The Straits Times Global Outlook Forum on Malaysia’s upcoming election.

The senior fellow at the Iseas – Yusof Ishak Institute, who is also coordinator of its Regional Economic Studies Programme and Malaysia Studies Programme, outlined how structural changes in taxes and federal revenue have led to greater political pressure on the government.

First, the money coming from oil dropped from 40 per cent of federal revenue in 1997 to 14 per cent last year (2017).

Said Dr Hutchinson: “This means that 86 per cent of government revenue needs to come from firms and people, as opposed to coming out of the ground… It comes from the rakyat (people).”

Second, the introduction of GST means that everyone now pays tax, instead of only the top 20 per cent of income earners and the upper-middle class.

The lower-middle class, which found itself paying taxes for the first time, was hit the hardest because a third of their daily household items were not exempt from GST.

“Everytime you buy toothpaste, you top up your mobile phone, anything like that, you buy Milo, you are paying tax and you can see that in your receipt the first time,” he said.

This unhappiness over the GST is a very effective tool for opposition forces such as the Pakatan Harapan alliance and Parti Islam SeMalaysia (PAS) to start asking where people’s money is going.

By taxing people instead of oil, the government is forced to be more responsive to voters, Dr Hutchinson said.

“If taxes come from people, it is in your interest to make sure they have enough wages to have a surplus that you can tax… you cannot lose money through mismanagement and corruption,” he added.

This is why the cost of living and the GST are such strong election issues, he noted.

http://www.straitstimes.com/singapore/after-gst-was-introduced-more-malaysian-voters-are-asking-where-is-our-money-going

17 April 2018

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2h2 hours ago

arifsetia Retweeted Bandi Sondakh

APA? ECRL CHINA TAK PERLU BAYAR GST WALAU DAPAT KONTRAK BERBILION RM DARI JIBBY? DAH LAH GUNA PEKERJA CHINA SAJA!

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 Selamat pgi mat

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38m38 minutes ago

ECRL contractor granted tax relief to reduce project costs, says Customs DG
.

Customs director-general Subromaniam Tholasy has said that Putrajaya granted China Communications Construction Sdn Bhd a relief from paying goods and services tax (GST) in its procurement of the East Coast Rail Link (ECRL), as a method to reduce the cost of implementation.

In a statement yesterday, Subromaniam explained why the Customs Department had backed the tax relief certification signed by the finance minister.

This is after Amanah vice-president Husam Musa uploaded on Facebook a certificate of GST relief for the acquisition of goods and services for the ECRL project, issued in the name of China Communications Construction Sdn Bhd.

The certificate said the relief was granted under Section 56(3)(a) of the Goods and Services Tax Act 2014, which concerns the finance minister’s power to grant GST relief.

“There is a mechanism in GST that is meant to reduce the impact against the targeted group. We will consider the application by the eligible company for tax relief from time to time.

“We gave our support for the consideration of a relief by the finance minister to China Communications Construction Sdn Bhd for several reasons,” said Subromaniam.

https://www.malaysiakini.com/news/420167

29 March 2018

zzzgst

19 October 2017

Dr M explains why M’sia can afford to scrap GST

Pakatan Harapan chairperson Dr Mahathir Mohamad said the reason why the Najib-administration implemented the goods and services tax (GST) was to make up for the shortfall caused by the abuse of public funds for populist policies.

He said this includes the Bantuan Rakyat 1Malaysia (BR1M) cash handouts, RM300 handouts for fishermen, RM800 for Village Development Committee (JKKK) chairpersons, sponsoring pilgrims, providing pensions for those of are ineligible, among others.

“The reasons why Prime Minister Najib Abdul Razak’s government does not have enough money is because of his abuses in the management of government funds to gain popularity for himself,” he said.

Mahathir added the Najib administration has increased salaries of civil servants, increased the number of civil servants to 1.6 million and set up expensive agencies such as the Performance Management and Delivery Unit (Pemandu), adding further strain to government coffers.

“All these people who financially benefit from Najib’s largesse may be happy. But actually, the increases in their income benefits them very little.

“This is because the increases in their pay invariably cause a rise in the cost of living. In other words, the increase in pay does not increase the purchasing power.

“It is not how much one is paid that is important. What really matters is one’s purchasing power. When cost of goods and services increases the extra income that one gets is quite meaningless,” said Mahathir.

To undo this huge strain, the government needs to reduce its deficit by getting rid of the belief that money can buy popularity, reducing administrative costs and recovering 1MDB money, said Mahathir.

He also promised that BR1M would be converted to unemployment benefits for the very poor, as he believed that most recipients can afford to do without BR1M.

“The actual amount of support for hardcore poor should be raised and paid every month, not once a year,” he said.
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Read more at https://www.malaysiakini.com/news/398743#OkKzbAy7Ttw3GMi4.99

Malaysiakini

6:12PM Jun 11, 2015

By Bernama

Customs collects RM6b in GST revenue

The Royal Malaysian Customs Department has collected over RM6 billion as Goods and Services Tax (GST) as of yesterday since the tax system was implemented on April 1.

Deputy director-general (Enforcement and Compliance Division) Matrang Suhaili said of the total amount, GST paid on imports accounted for RM3.37 billion.

He said the GST collection was part of the department’s total collection of RM20.7 billion nationwide from January until yesterday.

“We are optimistic of achieving the overall collection target of RM45.44 billion for this year where RM23.7 billion will come from the GST as over 300,000 merchants registered under the GST system will submit their GST statements by June 15.

http://www.malaysiakini.com/news/301537

Star

Wednesday April 29, 2015 MYT 2:51:47 PM

Prepaid reloads back to pre-GST rates from May 1

PUTRAJAYA: Telecommunication companies will revert to the old pricing for prepaid reloads from May 1.

Customs director-general Datuk Seri Khazali Ahmad said the telcos had been informed to revert to the rates before the implementation of the Goods and Services Tax (GST) on April 1.

This means that a RM10 top-up would cost RM10 instead of GST-inclusive RM10.60.

“We understand the problems affecting youngsters, who are the main prepaid users.

“Effective May 1, all telcos must revert to prices before April 1 where the price is inclusive of tax,” he told a press conference.

http://www.thestar.com.my/News/Nation/2015/04/29/MCMC-no-reversion-yet-prepaid/?utm_source=dlvr.it&utm_medium=twitter

Star

Wednesday April 29, 2015 MYT 4:55:19 PM

MCMC: Impossible to revert prepaid reloads to pre-GST prices immediately

CYBERJAYA: It will be impossible to bring down prices of prepaid reloads to pre-GST (Goods and Service Tax) levels immediately, due to the huge logistics involved in implementing the change, said the Malaysian Communications and Multimedia Commission (MCMC).

For now, prices of RM10 prepaid reloads will remain at RM10.60, with 6% GST applied, clarified MCMC chairman Datuk Sri Dr Halim Shafie.

In a press statement released Wednesday, Dr Halim said it will be difficult to go back to pre-GST prices due to the complexities in reconfiguring the systems, by both service providers and third-party agents.

He said the cost of doing this would be significant for all parties involved, and new stocks of prepaid cards had to be produced and distributed nationwide.

http://www.thestar.com.my/News/Nation/2015/04/29/MCMC-no-reversion-yet-prepaid/?utm_source=dlvr.it&utm_medium=twitter

THIS IS THE ONLY GOOD NEWS ALL WEEK…

Pay your fine of RM300 directly at the Traffic police: no GST.
Pay at the Post Office: GST (so it’s RM300 + RM2 + 10 sen GST).

KUALA LUMPUR: The Royal Malaysian Police (RMP) does not impose the Goods and Services Tax (GST) on the compound of traffic summons.

Instead, the GST will be charged on the service charge imposed by service providers of online summons payment, according to a RMP statement yesterday.

The public can choose to make payments at the traffic police counters to avoid the service charge and GST by online service providers.

MUMBLE AND FUMBLE…

Ahmad Maslan, who is deputy finance minister, has been the Cabinet’s point man on the Goods and Services Tax.

Free Malaysia Today

In hot soup, Ahmad complains about campus remark

April 12, 2015

‘I spoke for 2hr45min, they only picked up one line… I didn’t say cook on campus’

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KUALA LUMPUR: Mr GST, Ahmad Maslan, pickling in hot soup for a purported remark about campus cooking, complained today about the focus on only line in a speech lasting close to three hours.

He denied asking university students to cook in their quarters, as stated in a much-repeated quotation all over the Internet.

“I spoke for two hours 45 minutes and I spoke on various (GST-related) topics but they only picked up one line – cooking one’s own meals,” he said today.

In his speech at University Teknologi Mara in Shah Alam on Saturday, he was widely reported to have asked students to cook on campus in order to avoid Goods and Services Tax.

Univesity students had ridiculed him, pointing out that they were forbidden from cooking in college hostel rooms. Politicians also criticised him. The DAP’s Liew Chin Tong described Ahmad today as being clueless about GST.

But Ahmad told Astro Awani today: “I didn’t say cook at campus, I said cook your own meals.

“More than half of the students stay in rented houses and I had proposed to them to cook their own meals. I have explained it all. We encourage them to cook their own meals if they are renting (accommodation) outside the campus, and café operators should not increase their prices as the basic food items are exempted from GST.”

http://www.freemalaysiatoday.com/category/nation/2015/04/12/in-hot-soup-ahmad-complains-about-campus-remark/

17m17 minutes ago

: tak hipsturrrr pun. berjaya masak magie tak berapa mamak sbb cabai takda. ” cc

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Bersempena gesaan supaya kita masak sendiri, Pusat Khidmat Pandan anjurkan pertandingan memasak hari ini

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After confusion, Chinese traders offer Putrajaya help to iron out kinks

1:21 PM, April 11, 2015

KUALA LUMPUR — Malaysia’s leading Chinese business group has volunteered the expertise of its members to collect feedback and study problems faced by the business community in the implementation of the Goods and Services Tax (GST) system.

In a statement here, Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) president Lim Kok Cheong said the group will establish a “tax steering task force” for this purpose, which he said will report their findings to the Finance Ministry’s GST technical committee and the Royal Malaysian Customs department.

The task force, he added, will comprise of tax experts and qualified accountants who will monitor and identify the problems encountered by businesses since the April 1 implementation of the controversial new consumption tax system.

http://www.todayonline.com/world/asia/after-confusion-chinese-traders-offer-putrajaya-help-iron-out-gst-kinks

Retweeted 16 times

Kulai MP Teo Nie Ching alleged that the government has gone back on its word to reduce prices of sanitary pads as most retail companies have instead increased their prices.

“Second Finance Minister Ahmad Husni Hanadzlah when winding up the debate on the Yang Di Pertuan Agong’s speech on March 25 said that the price of sanitary pads would go down after GST came into force, as sanitary pads were subject to 10 percent sales tax but GST was only 6 percent,” she told reporters at the Parliament lobby today.

While the Consumer Price Guide by the Domestic Trade, Co-Operatives and Consumerism Ministry claimed the price of pads would be reduced by two percent after GST, a check at popular supermarkets like Tesco revealed that the prices have gone up from two to six percent for four popular brands.

Dear Malaysian Government, stop taxing Malaysian women for their periods. Period.

  IPOH: An opposition representative today proposed at the Perak state assembly sitting that sanitary napkins be exempted from the goods and services tax (GST), which was enforced yesterday.

Chua Yee Ling (PKR-Kuala Sepetang) said women should not be burdened with the GST for a basic item they needed, to maintain hygiene during the biological process of menstruation every month.

“GST on sanitary napkins violates our basic right to hygiene,” she said while debating the Royal address by Sultan of Perak Sultan Nazrin Shah here today.

Is the rakyat responsibility to pay GST even to the washroom.

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GST: RM16k Chanel handbag most expensive item declared under TRS

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PUTRAJAYA: A Chanel branded handbag, valued at a whopping RM16,000, is the most expensive goods being declared at the Goods and Services Tax (GST) refund verification counter at the Kuala Lumpur International Airport (KLIA) since it began operations yesterday.

KLIA Customs director, Datuk Chik Omar Chik Lim said the handbag was declared yesterday (April 1) on the first day that the Tourist Refund Scheme (TRS) was introduced in conjunction with the implementation of GST.

He said up till now, 13 transactions were recorded at the verification counter under the TRS.

“Most of the goods declared are clothes, wrist watches and pewter and, based on the receipts, these were mainly purchased from Suria KLCC, Pavilion and Bukit Bintang,” he told Bernama after inspecting the GST refund verification counter at KLIA today.

Someone at the Domestic Trade, Cooperative and Consumerism Ministry  is now infamous!

Free Malaysia Today

Ministry’s rude twitter exchange with consumer raises eyebrows

April 2, 2015

A nasty tweet exchange between the Domestic Trade, Cooperative and Consumerism Ministry with a consumer over GST has gone viral.

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The netizen with the Twitter handle @ottel expressed his view that KPDNKK should actively monitor the situation and not wait for consumers to lodge a complaint before they start panicking.

“Pihak tuan kena pantau jugak. Jangan nak tunggu pengguna buat aduan baru nak gelabah biawak”

Taking offence, the account administrator shot back that the ministry was indeed monitoring the situation 24/7 and that they were not panicking like the consumer.

“Kalau awak nak tahu kami pantau 24 jam. Takde pun gelabah biawak macam awak”

A screenshot of the tweets have since gone viral with users feeling displeased over the unprofessional exchange.

zzz

The tweet has since been removed.

http://www.freemalaysiatoday.com/category/nation/2015/04/02/ministrys-rude-twitter-exchange-with-consumer-raises-eyebrows/

This must be the first GST-related robbery! They pretended to be customs officers checking on GST matters…

NST

1 April 2015 @ 9:09 PM

KUANTAN: Taking advantage of the Goods and Services Tax (GST) implementation, two men posed as customs officers and robbed a mini-market in Kampung Tengah here yesterday before fleeing with RM5,000 in cash and cigarettes.

Kuantan police deputy chief, Supt Abdul Aziz Ahmad said today, the robbers escaped in a car in the 4.25pm incident.

He said the mini-market owner was approached by the duo who introduced themselves as customs officers on inspection rounds in lieu of the GST implementation.

They then robbed the victim.

http://www.nst.com.my/node/79003

Kinibiz

APRIL 1, 2015 9:57 PM

Firms unveil new car prices after GST implementation

Edaran Tan Chong Motor Sdn Bhd, Mercedes-Benz, Perodua and Sime Darby Auto Connexion have lowered their prices by up to RM10,000, in line with the government’s recommendation and the Anti-Profiteering Act 2011.

Sime Darby Auto Connexion, the distributor of Ford vehicles, reduced the price of the Ranger 3.2 XLT 4×4 Automatic to RM110,504.80 from RM110,506.45 previously, while the S-Max 2.0 is priced at RM198,833.41, from 198,933.90 before the GST.

Prices of Mercedes-Benz cars sold in Malaysia have gone down by up to RM10,000 from pre-GST prices.

http://www.kinibiz.com/story/corporate/157846/firms-unveil-new-car-prices-after-gst-implementation.html

Kinibiz

APRIL 1, 2015 8:53 PM

Mitsubishi M’sia announces new car prices

In line with the implementation of the goods and services tax (GST), the official distributor of Mitsubishi Motors vehicles in Malaysia, Mitsubishi Motors, has announced price reductions for its vehicles, ranging from RM200 to RM2,000.

In a statement today, the company said among the new on-the-road car prices include all complete-built-up and complete knocked-down models.

http://www.kinibiz.com/story/corporate/157827/mitsubishi-msia-announces-new-car-prices.html

Volkswagen maintains prices post-GST

KUALA LUMPUR: Volkswagen is maintaining its vehicle prices, following the implementation of GST (goods and services tax) on April 1.

In a statement, Volkswagen Group Malaysia managing director Armin Keller said the mathematics of the GST is not as simple as finding the difference between 10% (sales tax) and 6% (GST).

“There is a different tax treatment for different models at different supply chain stages. Our calculation shows that, in general, the GST is neutral on car prices, meaning that it will not see any immediate increase or decrease in vehicle prices,” he explained.

“This applies to every model and Volkswagen is committed to maintaining its current vehicle prices post-GST,” said Keller.

http://www.automania.my/news/volkswagen-maintains-prices-post-gst/

GST: Mercedes-Benz Malaysia’s new prices – all models cheaper, E 300 BlueTEC Hybrid down RM10k

Mercedes-Benz Malaysia has begun posting GST prices on its website – we’ve tabled them all for you along with the old (pre-GST) prices so you can compare.

As you can see below, all models see price drops of between RM1,000 and RM4,000 – except for the E 300 BlueTEC Hybrid, whose OTR without insurance price has been reduced by a significant RM10,000 to RM338,888!

UPDATE: Table now includes B 200, C 250 Coupe (W204-based), E 250 Coupe (W212 pre-facelift-based), CLS 400 (new facelift) and ML 350 prices.

Mercedes GST pricelist Sheet1 copy

GST: Perodua car prices reduced by 0.1% to 1.6% depending on model, spare parts prices maintained

Starting today, prices of Perodua cars will see a reduction of 0.1% to 1.6% depending on model, following the implementation of the Goods and Services Tax. For spare parts, Perodua will absorb the impact of GST and maintain prices.

“Taking all these into consideration including the appreciation of the US dollar to the ringgit, we are happy and pleased to announced that we are able to pass along the savings to our valued customers on the price of the vehicles, while absorbing the cost incurred on our spare parts,” he said.

So how was the first day of GST for you? Did you find the increases/decreases very noticeable?

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Malaysian Customs officials hit with nearly 3,000 calls on first day of GST


Published:
7:21 PM, April 1, 2015

PUTRAJAYA — Officials from the Customs Department were bombarded with nearly 3,000 calls to its GST hotline on the first day of the consumption tax taking effect.

Its GST director Subromaniam Tholasy said the calls were from traders as well as from the general public, adding that some were on the line for up to 30 minutes.

“Our call centres were very, very busy. Not just the main call centre in Kelana Jaya, but also at our headquarters as well as all the states,” he told reporters at a joint news conference with the Domestic Trade, Cooperatives and Consumerism Ministry secretary-general Alias Ahmad at the Finance Ministry here.

“We received almost 3,000 calls until 3pm just now. Of course, not all the calls were answered,” he added.

Mr Subromaniam explained that the lines were clogged because some of the callers had many questions.

MALAY MAIL ONLINE

http://www.todayonline.com/world/asia/malaysian-customs-officials-hit-nearly-3000-calls-first-day-gst

The companies are not named.

Out of 418 complaints, 33% were about top-up card prices, followed by 24% on prices of cigarettes, food and drinking water.

Star

Wednesday April 1, 2015 MYT 7:08:52 PM

Telcos under investigation for increasing price of top-up cards

PUTRAJAYA: Several telecommunication companies (telcos) are being investigated for increasing the price of prepaid top-up cards in light of the 6% Goods and Services Tax (GST), going against Customs Department instructions.

Customs GST director Datuk Subromaniam Tholasy said some telcos have acted in contrary to a circular saying prices of top-up cards should be maintained even after the GST came into effect.

“Before the GST, the prices of top-up cards for prepaid services already included a 6% sales and services tax (SST).

“Now that the GST has replaced the SST, the tax rate remains the same. The tax (rate) is the same, but with a different name.

“We have sent letters to all telcos informing them not to increase their price after GST. However, there are one or two telcos that have gone against our instructions, so these companies will be investigated,” he said at a press conference held at the Finance Ministry building here Wednesday.

http://www.thestar.com.my/News/Nation/2015/04/01/Telcos-top-up-cards-GST/?utm_source=dlvr.it&utm_medium=twitter

12m12 minutes ago

Mudah baca dan jelas dalam resit mengenai perbezaan barangan berkadar standard dan zero rated GST. Bagus.

Translated from Malay by

Easy to read and clear in the receipt of a standard rate goods differences and zero rated GST. Good stuff.

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7m7 minutes ago

Ini adalah kaedah Mydin utk tanggung GST.Juga contoh bil bagi penjelasan. Namun GST perlu ada dlm bil utk penuhi akta

Translated from Malay by

This is the method of Mydin for incur GST.Also an example Bill for an explanation. However GST should have in the Bill to fulfill the Act

Comparing Malaysia with that of other countries. How did we get to GST?

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Simplified version of daily In the copy of The Star

How a tax invoice should look like after Get a copy of The Star

HONDA, TOYOTA AND PROTON REDUCE PRICES

Car makers announce lower prices:

Locally assembled models of Honda will be cheaper by between RM500 and RM2,500.

Honda Malaysia assembles the Jazz, City, Civic, CR-V, Accord and HR-V models in Malacca.

However, the price of its fully imported model – the Odyssey – would go up by between RM500 and RM1,000,

Honda Malaysia managing director and chief executive officer Yoichiro Ueno said the City 1.5L V would now be RM89,467 compared with the pre-GST price of RM90,813.

“The HR-V 1.8L V, meanwhile, will be priced at RM118,229, down from the old price of RM118,815,” he said.

Ueno also said the prices of Honda vehicle spare parts would be lower on an average of 3.7%.

UMW Toyota Motor president Datuk Ismet Suki said there would be a price reduction of up to RM4,000 or 2% for Toyota and Lexus models.

http://www.thestar.com.my/News/Nation/2015/04/01/Car-makers-announce-lower-prices/

Star

Proton reduces car prices by up to 3.25% with GST implementation

Wednesday, 1 April 2015

KUALA LUMPUR: In light of the implementation of the Goods and Services Tax (GST) which comes into force today, Proton Holdings Bhd has announced the new prices for its models, with reduction of up to RM1,475, or 3.25%, per unit on selected variants.

The new on-the road prices include all models under the Proton family comprising the Saga, Persona, Inspira, Staria Neo, Exora, Prev, Suprima S and Iriz, said Proton in a statement here today.

All these prices have taken into account the six per cent GST and are the on-the-road prices.

“Consumers can now look forward to not only value-for-money cars but cars with enhanced quality and safety features.

“For example, now consumer can buy a Proton Saga from as low as RM33,242.40 or a Prev 1.6L Turbo at RM61,023.46,” said its Chief Executive Officer Datuk Abdul Harith Abdullah.

http://www.thestar.com.my/Business/Business-News/2015/04/01/Proton-reduces-car-prices-by-up-to-325-with-GST-implementation/?style=biz

Singaporeans not deterred by Malaysia GST

SINGAPORE — Crossing the Causeway to do her grocery shopping and top up her car’s fuel tank is a monthly affair for 42-year-old finance manager Esther Wong, to save money.

“If you go to NTUC (Fairprice) with a trolley that is barely filled, you are already paying S$30. But in Malaysia, you pay S$100 for groceries that fill up your entire trolley,” said Ms Wong. And even with the new Goods and Service Tax (GST) slated to kick in in Malaysia today, Ms Wong thinks it will still be more affordable than in Singapore.

She noted that the 6 per cent GST introduced would not make much difference to Singaporeans like herself, given the Singapore dollar’s strength against the Malaysian ringgit.

But some Singaporeans said if petrol costs increase and if the ringgit regains strength, the trips may no longer be worth it. Said Mr Edwin Cheng: “Right now, our currency is still strong … I will think twice if the ringgit grows stronger (along with the GST and the vehicle permit entry fees).”

http://www.todayonline.com/singapore/singaporeans-not-deterred-malaysia-gst

Borneo Post Online

No change in tuition fees, hostel charges in public universities post-GST

Posted on March 31, 2015, Tuesday

KANGAR: All 20 public institutions of higher learning (IPTA) in the country are to maintain their tuition fees and cost of accommodation even after the implementation of the Goods and Services Tax (GST) tomorrow.

This was stated by the chairman of the IPTA Vice-Chancellors and Rectors (JKNC/R) Committee, Brig Gen Datuk Prof Dr Kamarudin Hussin when dismissing as baseless the news circulated on the matter which he said was done to panic students.

JKNCR/R also criticised the statement made by the Muslim Students
Association of Malaysia (PKPIM) on the issue of increased tuition fees and accommodation cost as published by Harakah Daily.

“I urge students not to be easily influenced with this false information, and to check with their respective university student affairs and finance office for clarification.

GST comes knocking with a riddle: What goes up, what goes down?

But the riddle for many is what goes up? And will the wallet shrink faster as the price grows? Could it be true that some items will become cheaper with the GST rate of six per cent taking the place of the old 10 per cent sales tax? But what about claims that more items will be taxed than ever before under this broad-based consumption tax?

SUPERMARKETS, TRADERS, RESTAURANTS AND OTHER ‘SELLERS’: THEY ARE WAITING FOR APRIL FOOL’S DAY.

RT : Hypermarts in all set for launch on Wednesday

Star

Tuesday March 31, 2015 MYT 6:48:19 AM

Hypermarts all set for launch tomorrow

PETALING JAYA: Big retailers are all set for the GST tomorrow.

“There will be banners and signs explaining what GST is and the difference between zero and standard rates,” said Mydin managing director Datuk Ameer Ali Mydin.

Giant (GCH retail) corporate communications officer Rozalinda Idris said they had been working on having labels for products which come under GST, besides printing their GST registration number on receipts.

“We are consumers ourselves, so we want to ensure that all the necessary information is communicated to the people through labels and signs.

“Human error, however, cannot be avoided. If there is such a case, we will acknowledge the mistake and charge the lower price,” she said.

Panasonic Malaysia finance manager Michelle Chong said they had made the necessary changes to their invoice template to feature their GST registration number.

http://www.thestar.com.my/News/Nation/2015/03/31/Hypermarts-all-set-for-launch-tomorrow/

Star

Tuesday March 31, 2015 MYT 6:49:35 AM

Retailers dread long queues and angry customers

JOHOR BARU: Some supermarket operators and shop owners are having sleepless nights, expecting long queues and angry customers as GST rolls out.

Supermarket manager S. Thila, 46, said she is bracing for long lines at the service desk from tomorrow because customers may be confused.

“We are preparing to face angry customers who may not understand the new tax and insist on refunds,” she said.

Sundry shop owner Teo Toh Heng, 70, said he was also dreading angry customers quarrelling over prices.

“While some prices will drop, others will increase due to GST. Those consumers unaware of the new tax will blame us retailers.

“I foresee a drop in business by up to 50% over the next few months,” he said.

http://www.thestar.com.my/News/Nation/2015/03/31/Retailers-dread-long-queues-and-angry-customers/

Star

Tuesday March 31, 2015 MYT 6:48:41 AM

Restaurant owners worry about disgruntled patrons

GEORGE TOWN: For some restaurant owners, they are getting butterflies in the stomach as April 1 beckons.

The thought of having to collect GST from their customers seems a daunting task.

“Several years ago, there was a case of a customer who beat up a restaurant cashier with a helmet because he was upset with the service tax,” Malaysian Muslim Restaurant Owners Association (Presma) president Noorul Hassan Saul Hameed said.

“We foresee this may happen after GST is implemented. We are very worried indeed.”

Noorul Hassan said most restaurants allowed their customers to have their meals before payment.

“What happens if the diner insists on only paying what he consumed and refused to pay the GST?

“We have no authority to apprehend them.

http://www.thestar.com.my/News/Nation/2015/03/31/Restaurant-owners-worry-about-disgruntled-patrons/

Today is a Monday but Tesco Extra in Ipoh Garden East is crowded, strange for a Monday.

When someone asked for an extra plastic bag, the cashier was apologetic, “Sorry, the crowd was so big yesterday that we are running out of plastic bags.”

I see a woman with a trolley full of stuff including 6 huge containers of cooking oil. Others also have fill trolleys. I had 4 items.

RT : Buying spree in to avoid from Wednesday

Malay Mail Online

Supermarkets report surge in weekend sales ahead of GST

ztA shopper pays for groceries at the Tesco Extra supermarket in Shah Alam March 29, 2015. — Picture by Yusof Mat Isa

KUALA LUMPUR, March 29 — With just a few days to go before the Goods and Services Tax (GST) is implemented on April 1, city folks are busy this weekend stocking up on necessities.

A Bernama survey found there was unusual traffic congestion in the city, including Bukit Bintang and Jalan Tuanku Abdul Rahman, as well as large crowds thronging several shopping complexes.

The survey also found that stocks of several necessities like milk powder, sanitary pads, toilet paper and washing powder at some supermarkets had finished due to high demand.

– See more at: http://www.themalaymailonline.com/malaysia/article/supermarkets-report-surge-in-weekend-sales-ahead-of-gst?utm_medium=twitter&utm_source=twitterfeed#sthash.apZyEDQp.dpuf

Customs: Deposits, withdrawals not charged

PUTRAJAYA: The Goods and Services Tax (GST) for the finance and banking sector is based on fees and not on the amount transacted.

Senior assistant director of customs (banking and finance) Rozila Saad clarified that GST is not charged on various activities such as bank accounts, deposits and withdrawals.

“It is fee based. For instance, 6 per cent GST is charged on opening of accounts.”

The amount transacted is not affected.

http://www.nst.com.my/node/78705

Now we know why these Customs Department people are singing and dancing so happily about GST!

Malaysian Insider

Really, GST is to help pay salaries, pension for civil servants? – TK Chua

International Trade and Industry Minister, Datuk Seri Mustapa Mohamed, said the goods and services tax (GST) is to diversify revenue source and to help pay for salaries and pension of public servants.

In one stroke, it is hope that GST will gain the support of more than a million public servants and a few hundred thousand pensioners.

– See more at: http://www.themalaysianinsider.com/sideviews/article/really-gst-is-to-help-pay-salaries-pension-for-civil-servants-tk-chua?utm_medium=twitter&utm_source=twitterfeed#sthash.8y7IDpM9.dpuf

If you think you’re being cheated by traders taking advantage of GST, complain:

Have any GST issues with shady traders? Call ‘s “War Room” to file a complaint.

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These are taxable items that are subject to a zero rate. By NST Infographic

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malaysiandigest.com

[WITH VID] The GST Parody Song That Mirrors The Public’s Feelings

Ready or not, here it comes!

With the implementation of the much debated Goods and Service Tax (GST) just a mere few days away, more and more people are voicing out their disapproval.

But a much safer way to vent out one’s frustration over the issue (as compared to going on protest rallies) is creating a song about it, albeit just a parody version.

That was exactly what one YouTube user, Mr Bie, decided to do. Parodying the popular Malay song “Apa Khabar” originally sung by Joe Flizzow and SonaOne, he succeeded in making a humorous mockery of the impending taxation.

His lyrics basically mirror the feelings of the majority of people in the country — despite assurance from various authorities tasked with the implementation that GST will not be a burden to the people, all the signs point to the opposite.

http://www.malaysiandigest.com/frontpage/29-4-tile/547468-the-gst-parody-song-that-mirrors-the-public-s-feelings.html

Mr Bie – Parodi “Apa Khabar” #GST

Guides, Shortcut and Tips for GST.

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OLDTOWN WHITE COFFEE AND THE GST: They show you the items in your bill, and you can see for yourself that there is no profiteering.

Hey guys!

The implementation of the Goods and Services Tax (GST) is just around the corner. Do you know how it will affect you when you dine out?

We have a simple graphic to explain how GST works specially designed for you! If you feel that this information is helpful, please go ahead and share it with your friends.

We are also open to receive any questions hence feel free to share them via our Feedback app here: http://on.fb.me/1nl7oTX

Note: Malaysian Government will be implementing GST by 1 April 2015. All Malaysian registered business is required to implement them.

zd

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IF YOU GO TO A PRIVATE HOSPITAL, EXPECT TO PAY GST ON DOCTORS’ CONSULTATION FEES.

IT WILL BE THE SAME WITH A PRIVATE CLINIC.

Customs GST division senior assistant director II Norazura Hashim has said that it was not wrong for doctors to increase their charges to cover the GST taxes they would have to pay that could not be passed on to the patient directly as GST.

She also said that the public could check a clinic’s GST number, which must be stated on the bill or receipt, on the Custom Depart­ment’s website to determine if the clinic is legally allowed to charge GST.

Star

Sunday March 29, 2015 MYT 6:53:45 AM

GST gets confusing for patients

PETALING JAYA: Malaysians who mainly use public health services need not worry come April 1 as this have been totally exempted from the Goods and Services Tax.

However, those using private healthcare facilities in the country, including buying their own medicines from retail pharmacies, will now have to rethink their budget.

Come April 1, the many different categories and methods of taxing private healthcare services and products under the upcoming Goods and Services Tax (GST) is likely to confuse most patients seeking private healthcare.

Drugs alone fall under all three categories of GST, depending on the type of medicine and place of purchase.

Meanwhile, doctors who consult at private hospitals or clinics will have to charge 6% GST on their fees if they are not employed by the hospital or clinic, and earn more than RM500,000 a year.

Federation of Private Medical Practitioners’ Associations, Malay­sia (FPMPAM) president Dr Steven Chow said: “Consultants are required to invoice and itemise the 6% GST in their bills.

“The doctors are then required to submit this invoice to the hospital, which acts as the conduit for collection of their fees and GST.

“However, the hospital – with the provision of healthcare services having been designated as ‘exempted’ – is not allowed by law to have the item ‘GST’ itemised in their final invoice to the patient.”

In addition, the GST status of certain medical devices is still being decided upon, with the Customs Department currently working on a list that will be given the “exempt” status.

Any medical device not on that list will be subjected to the GST.

Star

Sunday March 29, 2015 MYT 6:54:28 AM

Shopping mad till the dawn of GST

zaMad rush: Shoppers stocking up on household goods at a hypermarket in Taman Midah, Cheras.

PETALING JAYA: It’s the weekend and the dawn of the Goods and Services Tax (GST) soon.

So shoppers trouped into supermarkets, stocking up on what they felt they need from chocolates to detergent.

At some places, the shelves for toilet rolls and floor cleaner had been emptied out.

KK Supermart founder and chief executive officer Datuk Dr Douglas K.K. Chai said they were planning to initiate a price reduction campaign for household and essential items.

“We are also having discussions with our vendors and suppliers in our effort to maintain our prices even after GST,” he said.

In GEORGE TOWN, shoppers rushed for items like toilet paper, toothpaste and instant noodles as they capitalised on the weekend sales.

Factory manager Tan Chee Keong said he saved RM18 after spending more than RM300 on basic items.

Sunshine Wholesale Mart Sdn Bhd retail operations director Yee Kam Ming had earlier said people had begun to stock up on items like processed food.

http://www.thestar.com.my/News/Nation/2015/03/29/Shopping-mad-till-the-dawn-of-GST/

The Customs Department, the people who will collect GST, perform a song-and-dance routine to GST! We’re glad (?) that some people are happy. We ARE NOT.

Free Malaysia Today

Customs officers sing sweet nothings about GST

March 27, 2015

In a bid to ease rising tensions over the impending GST, customs officers burst into song about the many wondrous joys of paying tax.

PETALING JAYA: The Royal Malaysian Customs department have gone out on a limb to cool hot tempers by singing sweet nothings about the impending Goods and Services Tax (GST) that will come into effect April 1.

Looking smart in their crisp navy, blue uniforms, flashing winning smiles (well, most anyway) and swaying in tempo to the beat, a group of mostly women customs officers, and a lone reluctant male, sing the GST song, in harmony while holding placards as their lead singer beams into the camera.

Opening with the line “GST: Mari membangun bersama GST” (Let’s develop with GST), the song covers the various types of taxes to be imposed, reminding listeners that many items are zero-rated too. She also sings about how GST is a more “transparent form of taxation as we head towards becoming a more competent nation”.

Thoughtful lyrics flashing across the screen, much like a karaoke video, are provided against a backdrop of happy customs workers who lovingly hold up placards of “G”, “S”, “T” in groups of threes as they smile sweetly, totally oblivious of how the GST is going to sting like an army of red ants biting hard and deep into one’s unsuspecting foot – in this case, pockets.

Adding insult to injury, is the Customs Department’s desperate attempt to take the sting off the very acronym GST, a dreaded term for most Malaysians, by spinning a positive albeit totally detached meaning in the form of “Grow & Share Together” – there, don’t we all feel a little better now?

http://www.freemalaysiatoday.com/category/nation/2015/03/27/customs-officers-sing-sweet-nothings-about-gst/

Here’s the video: singing and dancing https://www.facebook.com/video.php?v=10202849078948474&set=vb.1846650366&type=2&theater2:10PM Mar 27, 2015

Malaysiakini

A song and dance by Customs officers for GST

za The video, uploaded by Facebook user Zakaria Mohd Noor yesterday, has garnered 30,000 views as of this afternoon. In the three-minute clip, the officers belt a song on the new tax system, which calls on the people to “develop together with GST”. The recording, which is done in an office, also shows some of the officers carrying placards with the letters “G”, “S” and “T”. zb Sashaying to the tune, the female officers are seen smiling while their male counterparts appear awkward and out of sync. http://www.malaysiakini.com/news/293421NO GST FOR ALL BOOKS, not just dictionaries, encyclopaedias, reference works and religious books! Star

Saturday March 28, 2015 MYT 7:22:52 AM

Read – at zero rate

PETALING JAYA: The Government has classified all books as zero-rated under the Goods and Services Tax (GST) in a move to encourage the reading habit, much to the delight of booksellers, publishers and avid readers. … Initially, the GST (Zero-Rated Supply) Order 2014 stated that dictionaries, encyclopaedias, reference works and religious books would be zero-rated, while the standard 6% GST would be imposed on all other types, including fiction. This led to the Malaysian Book Industry Council presenting a memo­­randum to the Finance Ministry, arguing that the GST system was confusing for booksellers and burdensome to consumers. The ministry decided on Wed­nesday that the zero-rated GST status be extended to all types of reading materials. Magazines, however, would be standard rated at 6%. Newspapers are already zero-rated. http://www.thestar.com.my/News/Nation/2015/03/28/Books-are-zerorated/?utm_source=dlvr.it&utm_medium=twitter — Star

Friday March 27, 2015 MYT 7:09:52 AM

No GST for baby milk formula

NO GST (zero-rated items) 1. Milk for children aged up to 36 months 2. Sugar 3. Rice 4. Religious books 5. 1,315 brands of medicines (Each medicine now has a certification number issued by the Health Ministry; after GST is implemented, the letter “Z” will be added to the end of it to indicate that it is zero-rated) GST exempted Maintenance fees and sinking funds for low and medium-cost houses. Maintenance fees for all types of residential buildings with strata titles. Skills training courses accredited according to the National Skills Development Act 2006. Non-go­vernmental organisations and religious institutions fully involved in welfare and religious activities. http://www.thestar.com.my/News/Nation/2015/03/27/No-GST-for-baby-milk-formula-Number-of-zerorated-items-increases/Service charge tax refers to the tips given to restaurant and hotel workers. Malay Mail Online Service charge to be renamed, to avoid ‘confusion’

KUALA LUMPUR, March 24 — The government has proposed to rename the service charge imposed by restaurants and hotels to restaurant charge or hotel charge so as not to cause confusion among the people, said Deputy Finance Minister, Datuk Ahmad Maslan. He said this was to avoid the public from thinking that the five, six or 10 per cent tax was being channelled to the government. “The service charge tax has nothing to do with the Goods and Services Tax (GST) which will be implemented at six per cent from April 1. – See more at: http://www.themalaymailonline.com/money/article/service-charge-to-be-renamed-to-avoid-confusion#sthash.ASZTO4GJ.dpuf

WILL A TOP-UP BE SUBJECTED TO GST?

Sblm ini saya maklumkan top-up prabayar tak boleh naik dgn GST sbb top-up skrng dah ada SST 6%. Arahan telah diberi..

Menjelang GST…

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Top news story
A protester raises his arm as the police force protesters into the truck outside the Customs Department in Kelana Jaya today.  – The Malaysian Insider pic by Najjua Zulkefli, March 23, 2015.

A protester raises his arm as the police force protesters into the truck outside the Customs Department in Kelana Jaya today. – The Malaysian Insider pic by Najjua Zulkefli, March 23, 2015. More people were arrested at a protest against the goods and services tax (GST) outside the Customs Department in Kelana Jaya this afternoon as police began clearing demonstrators who had gathered since this morning. A commotion broke out as police Light Strike Force personnel began pushing several demonstrators into a truck after they failed to respond to instructions asking them to leave the premises. The number of protesters pushed into the truck cannot be ascertained as yet. As more demonstrators from outside the compound attempted to enter the premises, police with anti-riot gear then began barricading the front gate leading to the Customs office, which sits by a busy highway in a suburb outside Kuala Lumpur …

The first arrest was made earlier this afternoon when activist Khalid Ismath was taken away by police. “He was arrested when we were about to go in earlier,” Parti Sosialis Malaysia (PSM) secretary-general S. Arutchelvan said earlier. “He sent an SMS to us, and some people saw him being arrested by the OCPD himself,” he said, referring to Azmi. – See more at: http://www.themalaysianinsider.com/malaysia/article/anti-gst-protesters-arrested-as-police-begin-breaking-up-rally#sthash.h8Io0ltY.dpuf

… Star

Monday March 23, 2015 MYT 2:51:03 PM

Anti-GST demonstrators shutdown Customs office

PETALING JAYA: Anti-GST demonstrators walked into Federal Customs headquarters here with 106 questions but authorities have refused to play along so far. The protestors, led by Parti Sosialis Malaysia activists, entered the office complex in Kelana Jaya at 11am hoping to speak to and hand over a memorandum to the Customs director general about the impending goods and service tax implementation next month. PSM youth chief K.S. Bawani said that so far no one has come forward to entertain their questions. “We are determined to get answers to our 106 questions and we are not leaving until we do,” she said when contacted earlier. http://www.thestar.com.my/News/Nation/2015/03/23/Anti-GST-protests/AM I TO BELIEVE THIS? My prepaid top-up already includes the existing 6% service tax, and when the GST replaces that service tax, the price ought to remain the same because GST of 6% = service tax of 6%. Question: Will the telcos follow this ‘guideline’?

Malaysians are making a mad rush to stock up on products before GST kicks in

Malay Mail Buyers start hoarding as GST jitters strike

PETALING JAYA, March 21 — Malaysians are making a mad rush to stock up on various products in anticipation of being hit by the Goods and Services Tax (GST) that kicks in on April 1. Brendan Wong, 46, who works in marketing communications said he was stocking up on supplements this month. “I bought enough vitamins to last me the year,” he said. Wong said he accepted the GST would be implemented and that there was no way around it. … Another consumer, who wanted to be known as Gaik, said she bought more than RM700 worth of health supplements at a pharmacy in Taipan last month.

She ended up with three months’ supply. “When I asked the pharmacist whether supplements fall under GST, she said they did. So, I stocked up,” she said. – See more at: http://www.themalaymailonline.com/malaysia/article/buyers-start-hoarding-as-gst-jitters-strike?utm_medium=twitter&utm_source=twitterfeed#sthash.k6hnL2bo.dpuf

— Star

Friday March 20, 2015 MYT 11:45:25 AM

Car insurance to go up by 6%

PETALING JAYA: Car insurance is set to go up by 6% as insurance providers fall under the Goods and Services tax (GST) come April 1. “Insurance will go up. But don’t listen to rumours that road tax will go up too. It will not,” said GST director Datuk Subromaniam Tholasy said yesterday. However, those renewing their road tax at the post office will pay GST on the post office’s RM2 commission, which amounts to 12 sen. Customs deputy director Tan Sim Kiat urged Malaysians not to fall for “marketing schemes” which sensationalised the GST. “If your insurance premium is RM500, then 6% is RM30. Calculate the costs first – don’t get excited and rush out to buy things,” he said. http://www.thestar.com.my/News/Nation/2015/03/20/Car-insurance-to-go-up-by-6-Road-tax-will-not-increase-says-GST-director/ — Star

What will be taxed with GST?

Saturday, 14 March 2015

KUALA LUMPUR: Goods and Services Tax (GST) will be implemented effective April 1, 2015 and the rate is fixed at 6%. Sales tax of 10% and service tax of 6% will be replaced with GST. … 1. Credit card 6% GST will apply on the credit card’s annual fees but if the annual fee is waived, no charge. To reflect the changes, the GST charged will be reflected as a separate item in the credit card statement. However, purchases will be reflected as a total amount inclusive of GST. 2. Books and e-books All types of books except for dictionaries, encyclopedias, newspapers, texts, references, works and religious books. These books will be zero-rated and not be subjected to GST. Local e-book suppliers like e-sentral and MPHonline will also be charging GST whereas foreign firms such as Google Play and Apple iBookstore would not be. 3. Housing GST will also see basic construction materials such as cement, bricks and sand being taxed the standard 6% GST rate for both residential and commercial properties. … Steel, bricks, and sand make up 44% of the construction cost and with these being charged GST, the cost of building a property is inevitably going to increase. Property companies expect GST to result in a maximum of 2.6% increase in house prices. …

4. Fuel RON95, Diesel and LPG (liquefied petroleum gas) will be exempted from GST implementation. However, RON97 will be subjected to the new 6% GST. 5. Electricity Households: for usage above 300 units. 6. Used cars Currently, used cars are not subjected to SST and is not a GST zero rated item either. Therefore the car industry predicts that used cars will be subjected to an extra 6% tax after the implementation of GST in April. 7. Banking services The RM1 MEPS fee charged when we withdraw from another bank’s ATM will increase to RM1.06. No GST will be charged if you make a withdrawal from your own bank’s ATM. Money transfers (e.g. cashier’s order and demand draft), telegraphic transfers, money exchange, loan, cheque, credit card, and debit card will see 6% GST charged to its service, commission or subscription fee. 8. Tuition fees Tuition fees, as tuition centres are not categorised under educational institutions. 9. Beauty services Manicure, and hair and facial treatments. Massage services if the annual turnover for such businesses is RM500,000 and above. Cosmetics and other products for skin, hair and body care. 10. Insurance fees All insurance policies except for life insurance will be charged 6% GST from April. GST would also impact all traditional and investment-linked policies which had medical, critical illness or personal accident benefits attached For more, click on  http://www.iMoney.my    http://www.thestar.com.my/Business/Business-News/2015/03/14/What-will-be-taxed-with-GST/?style=biz

Debat Rakyat – Impak GST Kepada Rakyat

Missed out last night’s debate on ? Watch the recorded ‘Debat Rakyat’ here:

Defer GST in view of critical state of the economy: Ku Li

KUALA LUMPUR: Veteran Umno MP Tengku Razaleigh Hamzah (BN-Gua Musang) today urged the government to defer the implementation of the Goods and Services Tax (GST) in view of the “critical state” of the economy and public funds. Stressing that the people are already bearing heavy household debts, Razaleigh said it must also be made clear whether the GST, which will be implemented on April 1, will benefit the country or is just to pay interests to creditors and bond holders. “The reasons for GST implementation should not be kept a secret,” Tengku Razaleigh told the Dewan Rakyat when debating on the royal address. “The people must be told the actual reasons of the GST implementation as it would increase the people’s financial burden,” he said. Raising his concerns on national debts, namely government debts, corporate debts and household debts, he said they have reached a level which can cause economic and political crises in the near future. “We would certainly not be able to predict the consequences and effects of such crises, but what is certain is that it is dangerous to the constitutional democracy which shapes the statehood of Malaysia,” he said. http://www.thesundaily.my/news/1357485 — Star

Wednesday March 18, 2015 MYT 11:32:53 AM

Dr Wee: It’s full steam ahead for GST

KUALA LUMPUR: There is no turning back in the implementation of the Goods and Services Tax (GST) on April 1, says Datuk Dr Wee Ka Siong. Speaking during a GST seminar at Wisma MCA here, Dr Wee, the minister in the Prime Minister’s Department, urged traders and consumers to be ready for the new tax regime. “We are less that two weeks away from April 1. There is no turning back now,” he said. Instead of harbouring false hope of GST being called off, Dr Wee advised the public to educate themselves on the tax and be prepared for its implementation He pointed out that GST, being an all encompassing tax, will ultimately benefit the nation as a whole. http://www.thestar.com.my/News/Nation/2015/03/18/wee-ka-siong-full-steam-ahead-for-gst/REACTIONS TO THE COMING GST. theSundaily

Brickfields business owners voice concern over GST

KUALA LUMPUR: Business owners in Brickfields are concern with the forthcoming implementation of the GST as they feel it will affect their businesses, in terms of consumer turnout. Voicing his frustration was spices and sundry store owner, Ravi Ayychamy, 48, who wished the GST would be differed at least until the economy improves and stabilises. “It’s difficult and definitely going to affect the people especially now that the nation’s economy is unstable and it is affecting the currency value too. My customers are mostly middle class people, so I can understand how they will feel when the GST is implemented.” When asked if the number of customers may drop drastically, Ravi said it is possible but it may not be drastic “because people can’t avoid it and would have to adapt to the implementation, although half-heartedly”. Another proprietor, Abdul Samad who has a textile and jewellery shop, echoed the sentiments of his customers who have already started complaining about the GST to him. “People are afraid that prices are going to double and they might not be able to shop as much they could previously and this is scaring us,” he said. “We owners have no choice but to implement because the suppliers are also charging us extra. Here I am the owner, but in the next shop I am the customer, so I too can feel the pinch,” said Abdul who suggested the government defer the implementation or give the necessary education on the GST instead of carrying it out in a half-baked manner. – See more at: http://www.thesundaily.my/news/1357318#sthash.yr9uefpe.dpuf
theSundaily

Sundry shop owner gives up over GST

GEORGE TOWN: A sundry shop owner in Balik Pulau has decided to close shop after 25 years of business as he claims he cannot cope with complying with Goods and Services Tax (GST) procedures. Lee Soon Seng, 60, said having to learn a new tax regime was very difficult for him at this age and decided to call it quits. He said having to itemise his stock was also a hassle while explaining the need to impose GST to his customers may affect decade long friendships. He said he was only making a profit of six percent from items he sold and having to install GST stock taking systems was expensive. “I have decided to close and plan to rent out the premises to other people for other business,” he said in a press conference today with Chief Minister Lim Guan Eng. – See more at: http://www.thesundaily.my/news/1293535#sthash.43Qrbhtq.dpuf

“This means that policyholders who have purchased or intend to purchase life insurance products such as Whole Life Insurance, Endowment Insurance, Child Insurance, Term Insurance (including mortgage insurance), Education Insurance and Annuity products will not have to pay the 6% GST on their life insurance premiums,” said LIAM in a statement today.
KUALA LUMPUR (Mar 6): Only life insurance premiums are exempt from the upcoming Goods and Services Tax, said the Life Insurance Association of Malaysia (LIAM). “This means that policyholders who have purchased or intend…
theedgemarkets.com

— Star

Sunday March 8, 2015 MYT 12:22:15 PM

Insurance fees to go up by 6%

za

PETALING JAYA: Staying healthy will cost even more as medical insurance fees, charges and premiums, go up next month. Although life insurance is exempted from the Goods and Services Tax (GST), policyholders must pay at least 6% more for medical and health-related insurance coverage. The National Association of Malaysian Life Insurance Fieldforce and Advisers has appealed to the Government to exempt “necessity policies” covering hospitalisation and critical illnesses from the GST. Otherwise, many may surrender their policies or lapse in their premium payments, said its president Victor Kho Chui Ing. “GST will be an additional cost for individual policies that are coming up for renewal. “If a family of five with a medical policy pay a total of RM7,500 per annum, the additional cost to them would amount to RM450 yearly.” He said many prospective clients and those planning on topping up their existing policies had adopted a “wait-and-see” attitude. http://www.thestar.com.my/News/Nation/2015/03/08/Insurance-fees-to-go-up-by-6-Exempt-necessity-policies-Govt-urged/The mamak restaurants have spoken: 6% more for GST! Malay Mail Online

Extra 6pc in food bill will be from GST, mamak eateries tell consumers

Published: February 27, 2015 01:14 PM

KUALA LUMPUR, Feb 27— Mamak restaurants have been instructed against hiking the prices of their food and drinks once the Goods and Services Tax (GST) comes into effect on April 1, Indian Muslim (Mamak) Restaurant Association (Presma) president Noorul Hassan Saul Hameed has said. In an interview with Berita Harian, Noorul Hassan said the directive has been issued to all Presma members, and pledged that the mamak eateries throughout the country will abide by this decision. “We have no right to raise the prices of our food and drinks. We will not do so but our customers will be charged the 6 per cent GST tax. “The additional price is not because of us but because of the GST,” he was quoted saying. “We in Presma have always tried not to increase our prices because the competition in this business is very stiff. “Customers are smart, if we sell things that are too expensive they can boycott that particular restaurant or complain about it on Facebook,” Noorul Hassan added. http://www.themalaymailonline.com/malaysia/article/extra-6pc-in-food-bill-will-be-from-gst-mamak-eateries-tell-consumerszf http://www.thestar.com.my/News/Nation/2015/01/25/Some-items-to-be-cheaper-Customs-GSTs-6-will-replace-10-SST/ — Star

Sunday January 25, 2015 MYT 9:11:07 AM

GST: Some items to be cheaper

KUALA LUMPUR: The prices of television sets, refrigerators, air conditioners, electric irons, hair dryers, diapers and soft drinks are expected to come down with the introduction of the Goods and Services Tax (GST). These items have a 10% sales and services tax embedded in their prices, but with the GST replacing the SST in April, the lower 6% GST rate will make them cheaper. However, the prices of computers, laptops, iPads, mobile phones, men’s watches and cosmetics, including lipstick and nail polish, are expected to go up. These were tax free in the past. “These items will be subjected to the standard 6% GST rate,” said Customs Department director of GST Datuk Subromaniam Tholasy. He said there would be no GST for essential food items such chicken, beef, mutton, fish, duck, fish, eggs, ikan bilis, rice, bread, fresh vegetables and fruits, coconut oil, peanut cooking oil, palm oil and infant formula as well as for petrol RON95, diesel, toll and public transport. But non-essentials such as tomato sauce, chilli sauce, oyster sauce, cup noodles, luncheon meat, tempe, cheese, margarine, quail egg, corn oil, olive oil, biscuit, donut and croissant chocolate will be subjected to the standard 6% GST. http://www.thestar.com.my/News/Nation/2015/01/25/Some-items-to-be-cheaper-Customs-GSTs-6-will-replace-10-SST/ — Star

Sunday January 25, 2015 MYT 9:39:09 AM

Retailers get two weeks to re-tag goods

PETALING JAYA: Come April 1, when the Goods and Services Tax regime kicks in, retailers will have two weeks to re-tag their goods with the new prices. During this transition period, especially in the first few days, prices of some goods at shops, supermarkets and hypermarkets may differ slightly from what one would normally pay. An item might cost a few sen more or a few sen less per ringgit, depending on whether the GST is imposed on it. The Shoppers Guide, due for release next month, will give consumers an indication of prices they can expect to pay for about 500 everyday items with the GST. It will give both the pre-GST and with-GST price estimates as well as those that will stay, more or less, the same. The Customs Department has already uploaded a list of sundry goods on its portals that have the 6% GST and those that do not. http://www.thestar.com.my/News/Nation/2015/01/25/Retailers-get-two-weeks-to-retag-goods/?utm_source=dlvr.it&utm_medium=twitterGST, BANKING SERVICES AND YOU! Be prepared to pay…

Star

Friday December 19, 2014 MYT 4:10:18 PM

Finance Ministry: GST for certain banking services

While GST applies to the fees imposed, the actual amount involved in the transaction such as the amount withdrawn and the interest paid for loans will not be affected by the tax.

http://www.thestar.com.my/News/Nation/2014/12/19/GST-for-certain-banking-services/

舉例:如果馬來亞銀行持卡人在聯昌銀行的自動提款機提款,MEPS收費1令吉,消費稅則是6仙。 不過,如果用戶是在本身銀行的提款機提款,則不需繳稅… http://bit.ly/13mxRsn z1
据财政部周五在面子书专页上解释,由各银行征收的跨银行自动提款机(ATM)服务如MEPS(大马电子付费系统私人有限公司)收费,明年4月1日起将会征收6%的消费税。

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Among items which will be exempted from GST are residential properties, financiIt is not compulsory for businesses with an annual turnover of less than RM500,000 to register but they can voluntarily do so.al services, education, childcare, healthcare, and public transportation.DO YOU NEED TO REGISTER FOR GST? 1. It is not compulsory for businesses with an annual turnover of less than RM500,000 to register but they can voluntarily do so. 2. Companies earning an annual turnover of RM500,000 and above are required to register with the Customs Department to implement the 6% tax before the end of the year. http://www.thestar.com.my/News/Nation/2014/11/13/GST-no-arm-twisting-trader-who-dont-need-to-register/?utm_source=dlvr.it&utm_medium=twitterDID THEY TELL YOU THAT CERTAIN BASIC GOOD AND SERVICES WILL BE EXEMPTED FROM GST, AND THAT THEIR PRICES WILL THUS REMAIN UNCHANGED? And you believed them? Think again! YAHOO! NEWS MALAYSIA

Prices of GST-exempt items likely to rise too, customs rep says

PETALING JAYA, June 8 — Malaysians can expect a hike in the prices of even items that are exempted from the impending Goods and Services Tax (GST) to be implemented next April, a customs representative said in a talk today.

According to the senior assistant director of the Royal Malaysian Customs Department, the increase would be the result of suppliers passing on their costs to the consumers, instead of absorbing it themselves. This is because GST-exempt items will still be taxed at the supply level but retailers cannot charge the tax to customers. “So when it comes to services and goods which belongs to this category, may I remind everybody that there will be some increase in price,” said Chin Jek Bin in a talk for small and medium business owners at the Customs complex here. “For the simple reason… the supplier he himself pays GST. But the government says that you cannot claim back because [for] your service, you don’t have to charge GST.” https://my.news.yahoo.com/prices-gst-exempt-items-likely-rise-too-customs-114500571.htmlAccording to Ahmad Maslan, the Pontian MP, the Government was merely trying to cut costs with the GST… Malaysian Insider

Ahmad Maslan ridiculed for saying GST will lower prices

BY YISWAREE PALANSAMY December 23, 2013 Pakatan Rakyat (PR) leaders took a swipe at Datuk Ahmad Maslan over the deputy finance minister’s remark that the goods and services tax (GST) will cut prices of necessities and not vice versa as claimed by the opposition. DAP publicity secretary Tony Pua shot back at Ahmad and told the Pontian MP “to go back to Maths school to polish up his arithmetic skills”,  adding that he failed to infuse any logic in his statement yesterday on the impending GST. “For making such a claim that prices will fall after GST is implemented reflect the quality we have as a deputy finance minister,” Pua said in Kuala Lumpur. Pua noted that the GST would replace the sales tax and services tax. “However that does not mean that the amount of taxes paid by Malaysians will fall because two forms of taxes are being replaced by one as claimed by the deputy minister.” He said while the sales tax today was at 10%, it was implemented at the manufacturers’ end and to a limited number of products. “GST, on the other hand, is imposed on every single product, barring a few exceptions. What’s more, 10% collected from the manufacturers may not be more than the 6% from the retailers,” he added. … PKR strategy director Rafizi Ramli also expressed shock over Ahmad’s GST stand, adding that the latter failed to view the practicality of its implementation. He said Ahmad was justifying the GST on the basis that manufacturers could claim tax credit and they would voluntarily reduce price. “This is a fairy tale. What they (the Government) are missing is that manufacturers are now are exposed to a variety of increased cost because there are more services and goods used in their manufacturing activities which are now subjected to tax. “This has a two-fold impact on their costs. Ahmad Maslan ridiculed for saying GST will lower prices*A ‘PROMISE’ THAT WILL BE KEPT! Ministry of Finance ‘promises’ that prices will go up after GST is imposed. *A ‘PROMISE’ IT CAN’T KEEP: prices normally come down in the second and third year of the GST’s implementation. The key word is normally. What does that mean? Free Malaysia Today

MOF: Prices will go up after GST

Leven Woon | December 7, 2013

KUALA LUMPUR: Although the price of goods is expected to increase by 1.8% as a result of the  GST (goods and services tax) coming into force in April, 2015, the hike however is likely to come down in the long term. Citing experience of countries like Singapore, Canada and New Zealand, Ministry of Finance GST advisor Kamariah Hussain said the price of goods would normally come down in the second and third year of the GST’s implementation. Speaking to reporters after attending a GST briefing in Wisma MCA today, she said the increase would vary between products depending on the sales tax that is currently imposed on an item. Citing examples, she said the prices of watches will increase because it is currently exempted from any sales tax. Whereas the prices of soft drink, clothing, electronic products and cars,  which are now tagged with a 10% sales tax, would be revised to the 6% GST thus pushing prices down. “In any case, the increase should not exceed the GST rate, which is 6%. Any increase more than that will be profiteering,” she said. MOF: Prices will go up after GST — Malaysian Insider

GST will hurt middle-class, youths, poor the most, says think tank

November 08, 2013 aa Think tank Penang Institute has rebutted Minister in the Prime Minister’s Department Datuk Seri Idris Jala’s claim that the Goods and Services Tax (GST) will mostly affect the rich. The institute tabulated figures from Bank Negara’s estimates of income and expenditure, and revealed in a study that the GST will instead strain the finances of the middle-class, youths and the poor. It is a regressive tax, according to the institute, “a tax that takes a larger percentage of income from low-income groups than from high-income groups”. The study showed middle income households will “suffer cash outflows of up to RM 1,123 per year, because of GST payments exceeding income tax savings”. But the worst hit households are those earning about RM2,500 a month, including technicians, clerks, services workers, farmers and fishermen. They are expected to pay 2.67% of their income in GST. And when the tax comes into effect on April 1, 2015, those residing in West Malaysia as well as single-person households are expected to bear a bigger brunt of the tax at 6%. For more, read: http://www.themalaysianinsider.com/malaysia/article/gst-will-hurt-middle-class-youths-poor-the-most-says-think-tank?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+tmi%2Fnews%2Fmalaysia+%28TMI+-+Malaysia%29#When:05:21:22Z 6 Nov

Part 2 on how the GST implementation will affect the average Malaysian. . Click here for article:

aaTHE GST IS A REGRESSIVE TAX. Everyone pays the same tax rate of 6% but it works out to be a higher %age for the lower income groups compared to the higher income groups. If you earn RM1,000 a month, GST of 6% on an item of RM1,000 comes to RM60. That is 6% of your monthly income. If you earn RM2,000 a month, that RM60 is just 3% of your monthly income. And if your monthly income is RM6,000? RM60 is 1% of your monthly income. That is what we call a regressive tax. Anwar Ibrahim is nor far from the truth when he says that the GST will make the poor poorer.WHY CAN’T SOME PEOPLE WAIT TILL 1 APRIL 2014 TO COLLECT GST? 20m

BIAR BETUL!!..SBUAH RSTORN MENYIARKAN NOTIS KPD PLANGGANNY DIA D PKSA PHK KASTAM UTK KENAKAN GST 6% KPD PLANGGANNY!!

Budget 2014 announced, 6% GST from April 1, 2015

Presenting Budget 2014 today, Prime Minister Datuk Seri Najib Razak today announced the introduction of the Goods and Services Tax, and proposed the abolition of the sales and services tax. He said the new tax will be effective on April 1, 2015. http://www.themalaysianinsider.com/malaysia/article/in-budget-2014-najib-focuses-on-infrastructure-pegs-deficit-at-3.5 — Free Malaysia Today

Think tank: GST is an ‘additional tax’

Alfian ZM Tahir | October 26, 2013

Penang Institute claims its field study and analysis of the GST showed that lower and middle income households would end up paying additional 3,38% for goods.

KUALA LUMPUR: Slapping a high  6% goods and services tax (GST) on Malaysians who are not accustomed to such a levy is simply too heavy and irrational, notes a think-tank here. Refuting the federal government’s repeated assurance that it won’t affect the low income group, the Penang Institute today claimed that their month-long study involving 24,768  ”living quarters”  showed that at 6% GST, prices of items will go up by as much as an additional 3.38%. Said Penang Institute analyst Ooi Pei Kim: “The government now expects the budget deficit to fall to 3.5% of Gross Domestic Product (GDP) in 2014 with economic growth at 5 to 5.5%. (This is before the GST is introduced in 2015). “But our analysis shows that at 6% GST, prices could go up by as much as an additional 3.38%. (And) GST will raise RM 6 billion from households (ignoring any fraud). “(And this is) despite setting essential items like basic food, public transportation, education and healthcare as exempt or zero rated items. http://www.freemalaysiatoday.com/category/nation/2013/10/26/think-tank-gst-is-an-additional-tax/INCOME TAXES ARE PROGRESSIVE TAXES: AS YOUR EARN MORE, YOU PAY A HIGHER %AGE OF YOUR INCOME. ONE ASPECT OF BUDGET 2014 IS THE RESTRUCTURING OF INCOME TAXES. WITH THE GST CONTRIBUTING TO GOVERNMENT REVENUE, THE INCOME TAX STRUCTURE CAN BE FIDDLED AROUND WITH. Restructuring the tax structure Restructuring of the income tax structure will also see the maximum personal income tax band of RM100,000 increased to more than RM400,000. The rate will also be stretched from a single rate of 26 percent for those earning RM100,000 and above to 24 percent, 24.5 percent and 25 percent depending on the band. Corporate income tax will also be cut by 1 percent starting 2016, while cooperative taxes will be reduced 1-2 percent starting 2015. Businesses will also get tax exemptions for GST related infrastructure and subsidy for GST-related training. GST to start at 6pct from April 2015 ————————————————————————————————————–

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2 Responses to GST began on April Fool’s Day 2015 and we have been fools ever since but what have they done with the money collected?

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