Economists and consumer groups are urging the government to publish a clear, centralised list of taxable and exempt items under the expanded Sales and Service Tax (SST), set to begin on July 1. While essential goods like local fruits, rice, wheat, and palm-based cooking oil remain exempt, confusion persists.
Call for Clarity as SST Expansion Sparks Confusion Ahead of July 1
Experts warn that unclear guidelines could lead to compliance issues and inflation. They also call for stronger enforcement and monitoring, particularly for luxury goods and services. FOMCA urges the government to reinstate exemptions for core necessities and provide targeted support for low-income households to counter rising living costs.
Follow us on:
Read More News at #latestmalaysia #BusinessNews and #WorldFuture
