KUALA LUMPUR: The Ministry of Finance has postponed the implementation of the Goods and Services Tax (GST).
It said on Wednesday, Oct 13 the postponement was to enable the government to engage inclusively with all segments of rakyat pertaining to the GST.
'The government will take into account the interest and welfare of the society to ensure the implementation of GST is well received,' it said.
The MoF said notwithstanding the postponement, the government recognises the importance of GST in ensuring a strong and sustainable fiscal position to support the long term economic growth.
It said on Wednesday, Oct 13 the postponement was to enable the government to engage inclusively with all segments of rakyat pertaining to the GST.
'The government will take into account the interest and welfare of the society to ensure the implementation of GST is well received,' it said.
The MoF said notwithstanding the postponement, the government recognises the importance of GST in ensuring a strong and sustainable fiscal position to support the long term economic growth.
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