Highlights from Dr DZulkefly Ahmed's article: GST - Who's the liar, BN or PR?
"...it is a foregone conclusion that the Barisan Nasional government will pass this Bill regardless. A simple majority is all what it takes to replace the existing Sales and Services Tax (SST), to this new consumption tax i.e. the Goods and Services Tax or the GST."
"When the BN government brags and bandied around, in almost all their advertisements, that because they are gracious and care for the rakyat, they now have replaced two taxes i.e. Sales and Service Tax with 1 (one) tax i.e. the Goods and Services Tax.
Besides, they also claimed that, blissfully ignorant perhaps or downright compulsive liars, while the SST is 16% (Sales-10% and Services-6%), Alas and Behold!..it is only 6% for GST now!
A deeper reflection on this pathetic lie, wouldn’t allow one to be easily fooled and hoodwinked. If truly the rakyat-cum-people-cum-tax-payers are to be better off with 1 GST than 2 SST and 6% GST than 16% SST, i.e. paying less tax hence generating less income for the government’s coffers, would the government ever entertain to replace the existing tax system? Lying through their teeth!"
"... It is just that in the GST’s negative list system, all ‘Goods and Services’ not in the ‘Exempted and Zero-Rated’ categories, are taxable in GST. While in the older system of SST, all ‘Sales and Services’ are not taxable except what has been listed as taxable."
"...Exactly how long and what items are to be taxed would only be made known when the Gazette is released by the Minister!"
The following graphic from Savemoney.my helps us to understand how GST works:
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