“The government has acknowledged that GST is a more efficient system than the current SST regime. However, the question remains on the timing, ” he said, adding that there needs to be a study how it can be effectively implemented, including solving issues such as late payments of GST refunds. “If Malaysia is to reintroduce the GST at some point, we would need to learn from what didn’t work so well the first time and have measures in place to ensure GST 2.0 succeeds, ” he said.
Source: thestar.com.my
