Showing posts with label anti profiteering. Show all posts
Showing posts with label anti profiteering. Show all posts

Wednesday, 1 April 2015

Price Control and Anti-Profiteering

Today, with the implementation of Goods and Services Tax, marks a new era in Malaysian tax landscape. Consumers have to pay an additional 6% tax on goods and services consumed in Malaysia, except for certain goods and services which are considered a necessity in our daily lives such as rice, vegetables, fruits, medical, public transport, residential house etc.

Will there an increase in price of goods?