Umno Youth wants government to reintroduce GST
KUALA LUMPUR: The government has been urged to immediately reinstate the Goods and Services Tax (GST), as the system is more transparent and efficient than the Sales and Services Tax (SST).
The government has been urged to reintroduce the Goods and Services Tax (GST) according to Umno Youth chief Datuk Dr Muhamad Akmal Saleh. Dr Akmal stated that available data showed revenue collected under the disappeared tax system was significantly higher. He questioned why Prime Minister Datuk Seri Anwar Ibrahim remains fearful of the three-letter acronym GST.
Dr Akmal expressed his thanks to Anwar and emphasized that if something is beneficial, they will support it. The opposition leader previously mentioned that the government was open to studying the potential combination of SST and GST to enhance the country's tax system. Dr Akmal noted that the government's announcement to study a hybrid system demonstrated a change in position from previously being firmly closed to the idea.
DAP Kepong MP Lim Lip Eng had recently suggested that GST should be reinstated if it proved more effective than SST, stating that the government does not need to create a complex hybrid system just to avoid the name GST.
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