Minimise the hiccups when GST comes, says MCA president

Minimise the hiccups when GST comes, says MCA president
MCA president Datuk Seri Liow Tiong Lai

KUALA LUMPUR - The Government needs to find ways to minimise possible hiccups during the implementation of the goods and services tax (GST) next year.

MCA president Datuk Seri Liow Tiong Lai said the party fully supported the GST and that he had given the Prime Minister his feedback on the matter.

"We will need to look into the details of the implementation to minimise any problems," Liow said at a GST briefing session.

Liow, who is Transport Minister, said the Government would need to ensure that the rebates and claims system of the GST was implemented smoothly.

He said he had instructed MCA division heads to organise talks to increase public understanding.

"We need to implement the GST to make our tax system more efficient and at the same time explain to the people that this tax protects the poor as there are exemptions on necessities such as food items."

On a separate matter, Liow said the National Aviation Policy, which is expected to be revamped, would provide the direction and competitive environment for the country's aviation industry.

"Malaysia Airlines is undergoing a restructuring exercise and we will see how we can help make MAS a company that can compete with others in the world," he said.

More about

Purchase this article for republication.

BRANDINSIDER

SPONSORED

Most Read

Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.