MoF to engage more with logistics sector on SST hike, says Anwar

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MoF to engage more with logistics sector on SST hike, says Anwar
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The prime minister says the finance ministry will gather more input before deciding on the implementation of the increased tax.

Ayer Hitam MP Wee Ka Siong said there were concerns that imposing the SST on logistical services would lead to a general increase in prices of goods.

“These sessions are to gather their input before we decide on implementing the tax,” Anwar told the Dewan Rakyat during his winding-up speech for the 2024 supply bill. He was responding to Wee Ka Siong who said that MPs were concerned that imposing the SST on logistical services would lead to a general increase in prices of goods.The Barisan Nasional-led government had in 2015 replaced the SST with the goods and services tax at a standard rate of 6%.

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