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Malaysian Customs collects RM30b in GST revenue

byCT Report
16/12/2015
in Uncategorized
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KUALA LUMPUR: The Customs Department has collected over RM30 billion in goods and services tax (GST) since the tax system was implemented on April 1 this year.

Deputy director-general (Enforcement and Compliance Division) of Customs, Datuk Matrang Suhaili, said the amount was collected from over 400,000 companies registered under the GST.

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“The figure collected exceeded our target and we expect the amount to increase next year.

“As for now, we have not set any target amount,” he told reporters after closing a Customs officers’ course at the Customs Academy in Bukit Baru, Malacca, today.

Matrang said Customs assigned over 1,000 officers to the GST department.

“The staff that we have now in the department are to meet current needs and to replace those who have pensioned and retired.

“They are placed to fill the void accordingly in branches nationwide,” he said.

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