SST more equitable than GST, says Finance Ministry

INTERVIEW | The government's decision to expand the sales and service tax (SST) instead of reintroducing the goods and service tax (GST) aims to create a more progressive tax system that protects ordinary citizens while ensuring higher earners pay their fair share, the Finance Ministry said.
In an exclusive interview with Malaysiakini, Treasury secretary-general Johan Mahmood Merican said the expanded SST framework, which targets specific luxury items and premium services, represents a targeted progressive approach that contrasts sharply with GST's broad-based methodology.

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MSM welcomes Finance Ministry's clarity on SST exemption mechanism for raw sugar

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MSM welcomes MOF clarification on raw sugar SST rules

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SST: Firm welcomes govt's clarification on exemption mechanism for raw sugar

MSM Malaysia Holdings Bhd (MSM), the producer of the national refined sugar brand Gula Prai, welcomes the timely clarification issued today by the Finance Ministry regarding the sales and service tax (SST) treatment of raw sugar imports. The ministry's statement today confirmed that while a five percent sales tax will apply to raw sugar, a key input for refined sugar production, refiners may apply for tax exemptions under prescribed conditions...