- Lim Guan Eng urged Deputy Prime Minister Ahmad Zahid Hamidi to ensure the RM30 billion GST refund backlog from 2015-2018 does not happen again if GST is reinstated.
- Lim criticized the previous BN government for failing to issue GST refunds, which burdened businesses and affected their cash flow.
- He noted that the Pakatan Harapan government settled the backlog in 2019, but similar refund issues resurfaced in 2020 under the Inland Revenue Board.
- Lim called for the government to refund RM20 billion to businesses to support them, especially ahead of Chinese New Year 2026.
- He stressed that any reintroduction of GST must include safeguards to prevent a repeat of past refund crises.
Source: malaymail.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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