Malaysia to remove GST for consumers on June 1

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Malaysia’s finance ministry said on Wednesday (May 16) that the 6 per cent Goods and Services Tax (GST) will be zero-rated from Jun 1, effectively abolishing it until further notice.

In a statement, the ministry said the move does not include the goods and services listed in the Goods and Services Tax (Exempt Supply) Order 2014, which will remain exempted from GST.

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