Sunday, March 14, 2010

GST

Allot of people think GST is not right solution to Malaysia. I think if country likes Thailand, Philippines and Indonesia already implemented VAT, Malaysia also should move forward and be in same playing ground. I personally fell allot of Malaysia are wasting resources. GST is a good process to stop this wastage, as consumers will be more concern to buy 2 unit of the same thing. I also think GST will eliminate fraud where currently happening. Shop is charging service tax, government tax and other tax, which they are not paying back to IRB and other relevant department.

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