Zero percent GST beginning June - Finance Ministry

  • May 16, 2018
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The Finance Ministry today announced that the goods and services tax (GST) rate will be reduced from six percent to zero percent effective June 1.

The announcement came shortly after Prime Minister Dr Mahathir Mohamad announced that he had instructed the government to stop collecting GST.

The removal of GST is part of the new Pakatan Harapan government's manifesto which it promised to implement within 100 days.

Today marks the seventh day the new ruling coalition is in power after it ended BN's 61-year rule since independence in the May 9 general election.