SECOND State Finance Minister Datuk Seri Masidi Manjun said the Sabah Government remains fully committed in pursuing all its constitutional and legislative rights to recover the State Sales Tax (SST) due for the sale of petroleum products from both Repsol Oil & Gas M Ltd (Repsol) and SEA Hibiscus Sdn Bhd (SEAH), in accordance with the State Sales Tax Enactment, 1988
Second State Finance Minister Datuk Seri Masidi Manjun said the Sabah Government remains fully committed in pursuing all its constitutional and legislative rights to recover the State Sales Tax (SST) due for the sale of petroleum products from both Repsol Oil & Gas M Ltd (Repsol) and SEA Hibiscus Sdn Bhd (SEAH), in accordance with the State Sales Tax Enactment, 1988.
He said this when met after the closing of the Sabah Oil & Gas Conference and Exhibition (SOGCE) at Sabah International Convention Centre (SICC), Friday
The question as to whether the State Sales Tax (SST) on oil products sourced from Sabah waters by production sharing contract firms should go to Sabah although the processing and delivery may take place outside Sabah may be headed to the courts if not resolved amicably
KUALA LUMPUR (June 7): Here is a brief look at some corporate announcements and news flow on Tuesday (June 7) involving IHH Healthcare Bhd, Dialog Group Bhd, Impiana Hotels Bhd, CIMB Group Holdings Bhd, CapitaLand Malaysia Trust, Dynaciate Group Bhd, Boustead Plantations Bhd, Sarawak Consolidated Industries Bhd (SCIB), Hibiscus Petroleum Bhd, UEM Sunrise Bhd, Bintai Kinden Corp Bhd, Dayang Enterprise Holdings Bhd, Reservoir Link Energy Bhd and Advance Information Marketing Bhd (AIM).