Malaysia’s goods and services tax (GST) will be abolished from tomorrow (June 1). This translates to a six-percent savings — a substantial amount especially for big ticket items such as property, cars, jewelry, and high-end gadgets.
It’s a tax-free window that will last till September when the government plans to implement a sales and services tax (SST).
If people open their purses, it’s going to be at least 90 days of boom town for businesses in Malaysia.
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