After debunking a false release that GST will be abolised, the Ministry of Finance of Malaysia has declared that the goods and services tax (GST) will be zero-rated from 1 June.
UPDATE: Ministry of Finance announced that GST will be zero-rated effective 1 June 2018.
Today, a purported press release declaring GST will be abolished by 1 June 2018 has been circulating online. It claims to be from the Ministry of Finance and it also mentions that GST collected from 9 May 2018 will be refunded back as compensation. The purported release also mentions that no new tax will be introduced throughout the first two years of Pakatan Harapan’s administration.