Guan Eng: SST to be implemented this year at 10%

(The Sun Daily) – The Sales and Services Tax (SST) will be reintroduced this year at the former rate of 10%.

In his first press conference as the Finance Minister today, Lim Guan Eng said the Goods and Services Tax (GST) will definitely be replaced by SST this year.

“We want to replace the GST with SST as soon as possible. It will definitely be this year but let us work it out before we give a date,” he told reporters today.

The SST was at 10% before it was replaced by GST in April 2015. Lim said the SST will be reintroduced at the same rate as per Pakatan Harapan’s manifesto and any changes will be announced.