LatestGoods & Service Tax (GST) 7 October 2026
Malaysia Keeps SST, Adopts GST Elements to Tame Tax Cascading
Malaysia will keep the sales and service tax (SST) while adding select Goods and Services Tax (GST) features to curb tax cascading. The hybrid plan seeks revenue stability and a more efficient tax system without fully reinstating GST.
Malaysia will retain its SST and incorporate selected GST elements to reduce tax cascading. The government aims for a balanced tax regime that keeps revenue steady while improving efficiency.
- SST stays unchanged
- GST components adopted for specific gaps
- Goal: curb cascading, avoid full GST rollback
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