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Is Malaysia's farewell to its GST a little too rushed?

Malaysia

Is Malaysia's farewell to its GST a little too rushed?

Samantha Chiew Published on Thu, May 17, 2018 / 4:18 PM GMT+8

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SINGAPORE (May 16): Yesterday, the new Pakatan Harapan (PH)-led government announced that Malaysia’s 6% goods and service tax (GST) will be zero-rated from Jun 1 onwards, effectively abolishing it.

Malaysia’s newly elected prime minister, Mahathir Mohamad, had vowed during his campaign period to abolish Malaysia’s 6% GST, which was implemented by the previous government led by ousted leader Najib Razak back in 2015.

See: Mahathir keeps true to promise, scraps 6% GST

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