Showing posts with label sales tax malaysia. Show all posts
Showing posts with label sales tax malaysia. Show all posts

Thursday, May 17, 2018

Zero Rated GST For Proton Sales and Service in Line with New Government Policy Changes [Uptated]


With the change of the new ruling party comes the promised removal of the Goods & Service Tax (GST), which caused a major outcry and may have been the main cause for the recent election results going the way it did. Anyway, an announcement was made recently that GST would be zero rated (0%) with effect 1st June 2018 before any reversal to the Sales & Service Tax format are made. In conjunction with this Proton has decided to offer an interim pricing scheme to ensure that their customers, both new car sales and also after sales, will benefit from the change.