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'Luxury tax' deferred for now

PETALING JAYA: The expected High-Value Goods Tax (HVGT) has been put on hold from its May 1 imple­mentation, much to the delight of industry players and other stakeholders. ....

Malaysia General , Dewan Rakyat , Anwar Ibrahim , Hui Ying , Services Tax , Investor Relations Office , Debt Management Office , Fiscal Policy Committee , High Value Goods Tax , Deputy Finance Minister Lim Hui Ying , Tourist Refund Scheme , Prime Minister Datuk Seri Anwar Ibrahim , Finance Ministry ,

Industry players call for scrapping of HVGT in favour of GST

PETALING JAYA: Industry players and stakeholders have called for the proposed High-Value Goods Tax (HVGT) to be scrapped to pave the way for a better and more comprehensive tax system like the Goods and Services Tax (GST).They said the limited revenue to be derived from the HVGT does not warrant its implementation. ....

Malaysia General , Datuk Koong Lin Loong , Mohamad Shaifudeen , Mohamad Shaifudeen Mohamed Sirajudeen , Norsyahrin Hamidon , Yih Pyng , Jewellers Association Of Malaysia , Service Tax , Services Tax , Malay Chamber , Customs Department , Federation Of Goldsmiths , High Value Goods Tax , Chinese Chambers , Jewellers Association , Datuk Ng Yih Pyng , Tomei Consolidated Bhd , Commerce Malaysia ,