Wednesday 19 September 2012

Customs prepared for implementation of GST

The Royal Malaysian Customs Department is ready to implement the Goods and Services Tax (GST) system if the government wants GST to be implemented.  

Its director-general, Khazali Ahmad, said preparations had to be made, as the department would be entrusted with setting up the GST system if the government decided in its favour.

“We must be prepared in terms of personnel and the system (that will be used),” he told reporters after attending the Sabah Customs Open House in Tawau which was also attended by Sabah Customs director Dr Janathan Kandok.

According to Khazali, other than giving training and related courses to the Customs personnel, awareness courses were organised for the public and traders dealing with GST.

He said in terms of facility and equipment, the department was also formulating a suitable computer system for the GSP system when implemented.

On the department’s collection of RM22.5 billion in revenue until Sept 17 this year, Khazali said it was a 6.69 percent increase compared to the same period last year.

He said another contributing factor to the increase in the revenue included the positive economic expansion.

On the commitment of tax payers, Khazali said many complied by paying in the stipulated time but did not deny that some tax payers had low compliance rates.

- Bernama

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