KL takes steps to cushion shortfall from GST removal

Malaysia's new Pakatan Harapan government has decided to do away with the highly unpopular goods and services tax (GST) to fulfil a campaign promise, but there are concerns about how it will make up for the big revenue shortfall.

The Ministry of Finance said on Wednesday that the 6 per cent GST will be zero-rated on June 1.


Thank you for reading The Straits Times

You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.

What is Premium?

A version of this article appeared in the print edition of The Straits Times on May 18, 2018, with the headline 'KL takes steps to cushion shortfall from GST removal'. Print Edition | Subscribe