
A new tax system in Malaysia with goods services tax regulations (GST) also known as a consumption tax, is a kind of tax collection supply of goods and services. To the man on the street, it is the only occur when the money is spent.
If no consumption tax is, no individual. This can be with individual income tax revenue is generated when the payment.
Therefore, some people are feeling GST as a more reasonable goods and services tax revenue collection of the government with the ability to pay of the export tax refund (exemption).
In many countries, including Singapore, Thailand, Australia and has taken a similar types of indirect taxation.
The mechanical consumption VAT is similar in Britain and Europe, so this kind of Goods and Services Tax, although new to Malaysia has established a place in the world tax scene.




