Friday 26 Apr 2024
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PUTRAJAYA (May 30): Malaysia will reintroduce the sales and services tax (SST) beginning September 2018 to replace the goods and services tax (GST), according to Prime Minister Tun Dr Mahathir Mohamad. 

Dr Mahathir told reporters after the country's Cabinet meeting here today that the Finance Ministry will provide more details tomorrow on the SST.

"The SST was previously 10%. We will roll out the SST beginning September and meanwhile, the zero-rated GST will kick off on June 1, as per what we have announced," he said.

Dr Mahathir said this today after the government announced on May 16 this year that the GST rate will be reduced from 6% to 0% effective June 1 this year.

Malaysia, under former Prime Minister Datuk Seri Najib Tun Razak's administration, had on April 1, 2015, initially implemented the GST at 6%. The GST had then replaced the SST.

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