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Manufacturers cheer for GST 2.0

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The Federation of Malaysian Manufacturers (FMM) has expressed support for a return of the goods and services tax (GST) which was recently hinted at by Prime Minister Ismail Sabri Yaakob.

In a statement, FMM said it had surveyed 499 companies that "strongly supported" GST over the current sales and services tax (SST).

A GST rate of four percent was recommended by the FMM, arguing that such a rate would be conducive. The first iteration of GST was set at six percent.
Category
TV Saluran - TV Channel
Tags
kinitv, malaysia, politics
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