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Govt scraps plans for high-value goods tax

Govt scraps plans for high-value goods tax

Malaysiakini4 days ago
The Finance Ministry has decided not to implement the high-value goods tax (HVGT), said Prime Minister Anwar Ibrahim in a written parliamentary reply from yesterday.
He explained that the decision was made as the revision to the sales and service tax (SST), which has been expanded to between five and 10 percent, has taken into account luxury items.
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