KL takes steps to cushion shortfall from GST removal

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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.

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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. Subscribe