MATTA: Travel industry is not ready for GST

MATTA: Travel industry is not ready for GST

KUALA LUMPUR: Travel agents have requested a trial period for the Goods and Services Tax (GST), which is set to be enforced next Wednesday.

Malaysian Association of Tour and Travel Agents (Matta) president Hamzah Rahmat said there were still many problems, especially concerning the accounting software system, that needed to be rectified.

"The travel industry welcomes the GST but we are not ready for it. We hope the Government will give us more time to fine-tune and rectify the problems," he said yesterday.

Hamzah said they hoped for eight months to have a dry run of the system, re-programme and customise it.

When everything is in place, he said the country could run a hassle-free GST system next year.

Matta vice-president Datuk Tan Kok Liang said some programmers were not able to produce GST-compliant software for the industry.

Due to this, he said the association had engaged a company to write a programme for its 3,100-odd members.

He said the programme cost between RM10,000 (S$3,700) and RM15,000 each, and the association was providing its members with a six-month interest-free instalment.

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