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Showing posts with label Goods and Services Tax. Show all posts
Showing posts with label Goods and Services Tax. Show all posts

Will these Goods Affected by GST 2015

Robert's Google+

Implementation of Goods and Service Tax will be carried out next year 2015. What are those goods affected ?

Hearing the debate of Goods and Services Tax and reading those articles about GST on the internet do not help at all. No one seem to shed some light to those uneducated. It not just those uneducated, those who were not into financial sector or attending financial school in college not even raise a "light bulb" . Usually those who are from banking sector or investment sector know it all !!.

All I understand is that there were some goods were excluded from GST. What are those goods ?? They simply labeled it in general something like sugar, beverage, school. That really clear from them right. Cant they just list out like "GPT Gula Pasir Kasar 1KG" is excluded for the GST.

I guess it must be a lot of work to be done by listing all of the goods that will be excluded from GST.  I mean that will be way lot of efforts because too much. Giving them the biggest A4 paper is was still not enough. They said the list will be announced later when GST is almost being implemented. I guess we need to wait till last minute !

As writing this article on September 2014, there is about 8 months left for it. We still have some time cherishing this old tax system which we have been used it since from 1957 ?. Many countries has adopted the practice of GST and we have yet to use it. In order to achieve this status developed nation in 2020, (for a better future sometimes it means we need to torn down the old one) - Captain America 2  

Yes, we are talking about developed nation. Did that just mean same status as America, Britain, Japan, France and Singapore ? . We are actually a developing nation currently the proof at Wikipedia Developing_8_Countries . Would you achieve the target of Vision 2020 together ? Vision 2020 is brainchild of Tun Dr Mahathir which to propel Malaysian to greater height. The Vision 2020 first challenge is "Establishing a united Malaysia nation made up of one Malaysia race". What that suppose to be mean that really need some good understanding. Wikipedia wawasan 2020

This article is meant to test whether or not the goods listed below will increase it price after the implementation of GST in 2015. All of these goods were bought from the year 2014. 


Coarse Sugar Malaysia 1KG

  • Product : Coarse Sugar
  • Calories : 100G = 400Kcals, 100g carbohydrate
  • Net Weight : 1KG
  • Status         : Halal , Made in Malaysia
  • Manufacturer : Gula Padang Terap Sdn Bhd
  • Value (2014) : RM 2.84
  • Website :
  • Contact no : 604-790 4235 / 786 5008

Will Implementation of GST in 2015 affected Sugar price ? Current sugar price is at RM 2.84 for 1KG. Are we expecting RM 3.00 per KG or RM 2.60 per KG ??


  • Product : Adabi Fine Salt
  • Calories : none
  • Net Weight : 400g
  • Status         : Halal , Made in Malaysia
  • Manufacturer : Adabi Consumer Industries Sdn Bhd
  • Value (2014) : RM 1.20  for 400g
  • Website :
  • Contact no : 603 - 60923677

RM 1.20 for 400G Adabi salt. Will there be increasing of price in Adabi salt later GST or inflation ? 


  • Product : Red Eagle Cooking oil
  • Calories : none
  • Net Weight : 5KG
  • Status         : Halal , Made in Malaysia
  • Manufacturer : Yee Lee Edible Oils Sdn Bhd
  • Value (2014) : RM 14.70
  • Website :
  • Contact no : 605 291 1055

Cooking oil is likely to be affected by GST in 2015. Personally forecasting inflation and GST will bring the price up to RM15.50 for 5KG Red Eagle Cooking oil.


  • Product : Corn - Starch
  • Calories : none
  • Net Weight : 400g
  • Status         : Halal , Made in Malaysia
  • Manufacturer : GLOW-SAN SDN. BHD
  • Value (2014) : RM 1.90
  • Website :
  • Contact no : 603 - 79815030


  • Product : Ajinomoto
  • Calories : none
  • Net Weight : 170g
  • Status         : Halal , Made in Malaysia
  • Manufacturer : AJINOMOTO (Malaysia)
  • Value (2014) : RM 3.25
  • Website :
  • Contact no : 03 - 7980 5643


RM 2.10 - 1 liter 

more will come..!! 

There will be like 20 items listed at here. I hope you guys reading this will give me some suggestion and feedback. I will provide 10 goods/items I think the value will increase, whereas you guys could contribute the other 10 items/goods. It is time to be accountable in this matter. Share to your closest ones, spread this message.

10 Tips You should know about GST Malaysia

Robert's Google+

Implementation of GST is vital in order to achieve high income nation in line with Malaysia Vision 2020.

GST Malaysia
Source: gst-m blogspot

Goods and Services Tax will be implemented  in the year of 2015. Effective in the month of April. It is exactly one year ahead. What should you do in this period? As a normal civilian and most of us just wait and observe.

It is really hard for us to understand how tax work especially when we were not concentrating on business class if we had taken one in the past. But, GST is not a foreign topic. Singapore has implemented it almost 10 years ago. If we look upon Singapore tax system we would have some clues. It is important to know that every nation tax system is different.

The new rate of GST will stood at 6%. What is our current Government Sales Tax rate? there are four. 5%, 10%, 20% and 25%.

1. Many countries have implemented GST

160 countries have adopted GST tax system. GST is invented by French tax official in 1950. It also can be known as Value Added Tax(VAT). Singapore adopted on the year 1994, China on the year 1980, Indonesia on the year 1985.

2. How Government benefit from GST?

Some of the Goods and Services will be included to be taxed. The current tax system (SST) has it own exemption of tax. When GST implemented, the exemption is no longer valid. One of the most significant example, Electric tariff after 200 kWh will be taxed. (This is just assumption from the author)

Do you remember the government said they will earn $$ by broaden the tax ? Your electricity bill will be taxed if it exceed 200 kWh a month. (This statement is not proven until implementation of GST)

3. How Malaysian benefit?

The revenue of GST will have obvious and direct impact to the public it would be upgrading current public infrastructure and public facility. Overall, it improve the standard of living. When people get richer, they would demand a certain standard of living

Personal Income Tax and Corporate will be reduced when GST is in effect.

4. What are the exemption in GST?

  1. Public transportation : Bus fares, train fees.
  2. Essential items : flour, rice sugar, chicken

5. Why abolish current SST? 

Sales and Service Tax is simply a tax system of the past. The new GST we are implementing is actually a tax system implemented by many developed countries way before 20 years ago. Tax system that has proven to stand the test of time.

Besides, government is seeking additional revenue to offset it budget deficit and reduce it dependence on revenue of Petronas.

6. How GST affect business

I am not tax expert, but from many GST custom website, it would lower cost of doing business by benefit from recovering input tax.

7. GST affect current price of goods and services

There will be increase and decrease price of goods and services. Besides that, you might find some goods and services price is still the same. I cant provide you a good and proper example. However, I am guessing KFC, Pizza Hut, McDonald and Starbuck are not interested in raising the price.

Reduction of price can be seen due to abolish double taxing in Sales and Service Tax(SST)

8. What are the public perception towards GST?

It is true that most of the Malaysian will oppose implentation of GST. They were not teach on this subject in the school or college.

Most of the public view on GST is negative based on recent study. Despite that there have been few positive article written that lower and poor income group will get lesser impact.

It is believed some of the items that previously not taxed by SST would be taxed increasing financial burden.

9. What are the advantages/benefit of GST at a large picture ?

I am guessing that when tax is implemented by stages. Each party from manufacturer till retailers will require to pay tax. That also mean authorities will have full information on the movement of Goods and Services. As a result, That would reduce red tape and greater transparency.

10. How it impact non Malaysian?

Tourists and foreign students in the country can claim tax. On selected outlets and prescribed RM300 goods and services purchased in the same outlet. They must travel via air transportation. Other terms and conditions apply.

More information visit at or Government Custom on GST at GST CUSTOM