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GST On More Than 60 Food Items From July 1
June 19th, 2017 | 09:42 AM | 2145 views
More than 60 types of food items will have the Goods and Services Tax (GST) imposed on them starting July 1.
These include certain seafood, vegetables, fruits, tea, coffee, spices and noodles, China Press reported yesterday.
Customs Department director-general Datuk Subromaniam Tholasy confirmed the report and said a full statement would be issued today.
“It’s only a few items not consumed by the masses,” he said.
The new items that will be levied with GST include eel, swordfish and imported fruits like avocados, figs, grapes, nectarines, cherries and berries. However, vegetables such as potatoes, long beans, peas, spinach and sweet corn would also be taken off the GST zero-rated list.
Other items include bihun, kuey teow, laksa mee and coconut oil.
The Government introduced GST in April 2015 in the form of a 6% tax on goods and services. For the complete list of zero-rated goods and services, visit gst.customs.gov.my or www.federalgazette.agc.gov.my.
courtesy of THE STAR
by THE STAR ONLINE
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