DAP giving false impression on GST

suppadmin | April 3, 2015

SUPP Central Publicity Secretary Adam Yii reminded the Democratic Action Party (DAP), not to deliberately confuse people in the Goods & Services tax (GST) issue and create wrong impression among the people for their own political purposes.

A responsible leader, no matter from the ruling or opposition coalition, should always convey the correct information to the people at the grassroots level and definitely not for political purposes and electoral needs, or deliberately distorting the truth as this practice is immoral without political conscience.

DAP leaders recently has been making speculation on the Goods & Services Tax issue, only emphasizing on the prices of taxable goods, giving the false impression that implementation of GST only cause prices of goods will hike up, but not at the same time explained that some goods will maintain the original prices or even will become lower.

Malaysia implementing a 6% Goods & Services Tax is considered to be one of the lowest after Japan and Taiwan. The implementation of GST is to prevent tax evasion, in which not all prices of goods will go higher, some maintain the original price or even lower after GST. Traders are urge to be honest, consumers should also be savvy consumer. Since the implementation of the 6% goods and services tax is to replace the previous 10 percent and 6 percent sales tax instead of the service, not as mentioned by those irresponsible people that this is a new tax system.

Adam Yii hopes the Ministry of Domestic Trade and Consumerism and other enforcement agencies will always monitor the market prices of goods to avoid profiteering and increase the financial burden on consumers.

In addition, Adam Yii also called on the government to monitor taxable goods, constantly review prices of daily essential items to ensure that it does not aggravate the financial burden of the medium and lower classes, while excise duties should be published regularly for public consumption.

The implementation and enforcement of a transparent and just policy, could help increase public confidence.