5 Questions
When was the Goods and Services Tax (GST) implemented in Malaysia?
1 April 2015
When was the tax holiday declared in Malaysia?
1 June 2018
What was the objective of abolishing the GST in Malaysia?
To put more purchasing power in the hands of the Malaysian people
What was the rate of the Goods and Services Tax (GST) in Malaysia?
6%
When was GST abolished and replaced by SST in Malaysia?
31 August 2018
Study Notes
GST Implementation and Abolition in Malaysia
- GST was implemented in Malaysia on April 1, 2015.
- A tax holiday was declared in Malaysia from June 1, 2018, to August 31, 2018.
- The objective of abolishing the GST in Malaysia was to reduce the cost of living and alleviate the burden of high prices on Malaysian citizens.
- The rate of the Goods and Services Tax (GST) in Malaysia was 6%.
- GST was abolished and replaced by the Sales and Services Tax (SST) in Malaysia on September 1, 2018.
Test your knowledge of the Sales and Service Tax (SST) in Malaysia with this quiz. Explore the intricacies of Malaysia's tax system reform and the abolishment of the Goods and Services Tax (GST). Brush up on your understanding of SST with this informative quiz.
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