TAWAU: Malaysia Royal Customs Department has successfully reached their goal for companies and individual owners registered for Goods and Service Tax (GST) in the state.
Sabah JKDM Deputy Director, Yunos Tahir, said that currently there are 17,350 business owners in Sabah who have registered for GST which will be implemented on 1 April.
“Our initial aim was for 12,000 applicants, but when we went to meet the people down to the grassroot level, we received encouraging responses and the result is there are many companies and businesses registering for GST,” he told reporters after the GST Briefing for Tawau Bumiputera Entrepreneurs at Kalabakan UMNO Office, here today.
Yunos said, the amount of companies and business owners who are yet to register for GST in the state are around one to two percent.
To handle this matter, the customs department will launch Ops Bersepadu across the state beginning on 1 March to track down any companies or owners with profit margin exceeding RM500,000 to register for GST.
He stressed that his department will not hesitate to issue compounds of RM100 per-day until 1 April to any owners who refuse to register for GST.
“We understand that there are many who still do not understand, that is why we in JKDM has never cease from giving explanation everywhere because the scope for GST is vast but we will work on making all parties to understand,” he added. – SayangSabah