Malaysia to scrape GST entirely from June 1, 2018

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M'sia to scrape GST entirely from June 1, 2018 – Mothership.SG

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This will fulfil a promise made by the Pakatan Harapan (PH) alliance led by newly-minted Prime Minister Mahathir Mohamad during the election campaign.

The finance ministry said in a statement released on Wednesday, May 16, that the GST removal is applicable throughout the country until further notice, and that all registered traders and businesses will have to comply with the zero GST rate.

However, the country will have to first repeal GST Act 2014 and then pass a new law on the Sales and Service Tax (SST) in parliament.
 
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India's tax terrorism on its own citizens by way of 28% GST is reprehensible & repugnant. Its time India learns from Malaysia.

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Legend

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How is that different from VAT?
 
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