GST is a broad based multi-staged consumption tax covering all sectors of the economy, levied on the supply of goods and services at every stage of the supply chain from the supplier up to the retail stage of the distribution. In short, GST has an implication on all business operations, whether they are small or large businesses operating in Malaysia cum 1st April 2015.
GST was abolished from 1 June 2018 and Sales and Services Tax was re-introduced from 1 September 2018.
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