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Questions and Answers
What tax system replaced GST in Malaysia?
What tax system replaced GST in Malaysia?
- Property Tax
- Income Tax
- Value Added Tax (VAT)
- Sales and Service Tax (SST) (correct)
When was the Goods and Services Tax (GST) implemented in Malaysia?
When was the Goods and Services Tax (GST) implemented in Malaysia?
- 31 August 2018
- 1 April 2015 (correct)
- 1 May 2018
- 1 June 2018
What was the objective of abolishing the GST in Malaysia?
What was the objective of abolishing the GST in Malaysia?
- To reduce the number of taxable goods
- To encourage foreign investment
- To put more purchasing power in the hands of the Malaysian people (correct)
- To increase government revenue
When was GST abolished and SST implemented in Malaysia?
When was GST abolished and SST implemented in Malaysia?
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What are taxable goods under sales tax in Malaysia?
What are taxable goods under sales tax in Malaysia?
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