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apple developer:GST abolition reduced countryu2019s revenue, says deputy minister

admin2020-12-3014

GST collection is higher as the tax system is more comprehensive and charged on all taxable goods and services at all stages, compared to SST, deemed a single-stage tax and imposed only on manufacturers. – EPA pic, December 29, 2020. THE previous government’s decision to abolish the goods and services tax (GST) has to some extent affected the country’s revenue, said Deputy Finance Minister I Abd Rahim Bakri.He said this was because the country faced a revenue shortfall when GST was abolished and replaced with the sales and service tax (SST).
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