Translate
20 January 2018
he Royal Malaysian Customs Department has identified more than 5,000 companies involved in fraud over payments of GST
Customs identifies over 5,000 firms cheating on GST
NATION
Saturday, 20 Jan 20182:02 PM MYT
PUTRAJAYA: The Royal Malaysian Customs Department has identified more than 5,000 companies involved in fraud over payments of the Goods and Services Tax (GST) since it was implemented on April 1, 2015.
Customs director-general Datuk Seri T. Subromaniam (pic) said the department had also opened investigation papers against all the companies involved, with some already charged in court.
"These are the hardcore ones, not lacking in understanding GST because such people (those who don't understand), we don't charge in court.
"These hardcore companies which have collected GST, don't pay up and also cheat," he told reporters after the 1Malaysia Customs Charity Cycling (KAK1M) event here Saturday.
"In order to reduce fraud, we have also introduced the GST Ambassador programme.
"Initially, many companies did not understand it, that's why we've taken a more friendly approach," he said.
Subromaniam said, as at Dec 31, 2017, 465,000 companies had registered for GST, exceeding the initial target of 200,000 companies.
He said Customs had set a GST collection target of RM43bil for this year, up by RM1bil from the figure in 2017.
"However, we believe we can achieve more than that. Last year, we reached the Government's target of RM42bil and the actual figure will be announced by Prime Minister Datuk Seri Najib Tun Razak on Jan 24," he said.
On KAK1M, Subromaniam said the event, held simultaneously nationwide, was aimed at promoting a healthy lifestyle and providing opportunities for the public to interact with Customs.
The department also donated RM100,000 raised from the event, to the Down Syndrome Association of Malaysia. – Bernama
Read more at https://www.thestar.com.my/news/nation/2018/01/20/customs-identifies-over-5000-firms-cheating-on-gst/#elzpIhHRMxTHTMYq.99
Popular Posts - Last 7 days
-
Maybank Singapore withdraws lawsuit against NFC chairman, children over housing loans Bernama Julai 12, 2022 Maybank Singapore Limited has...
-
COVID-19: New cases in Malaysia take a slight dip again Melissa Fernando ASTRO AWANI Julai 19, 2022 12:00 MYT COVID-19: New cases in Malays...
-
Wan Saiful confirms he is no longer PTPTN chairman Bernama Julai 12, 2022 Bersatu Information chief Datuk Wan Saiful Wan Jan today confirm...
-
Socso suspends RM423 million PenjanaKerjaya payments Bernama Julai 15, 2022 Socso chief executive officer Datuk Seri Dr Mohammed Azman Azi...
-
Naz Empire's defamation lawsuit against Awal Ashaari to go to trial as mediation fails Bernama Julai 12, 2022 The defamation lawsuit f...
-
Motorcycle crash: Couple accept casualties to twin children as fate Bernama Julai 17, 2022 A couple lost a child while another suffered se...
-
MH17 tragedy: Dewan Rakyat expresses condolences to families of passengers, crew Bernama Julai 18, 2022 The Dewan Rakyat today marked the ...
-
Seven million Malaysians yet to take booster dose against COVID-19 - PM Bernama Julai 11, 2022 Prime Minister Datuk Seri Ismail Sabri Yaako...
-
Kedah MB: ECK no longer part of Kulim airport project Bernama Julai 13, 2022 Muhammad Sanusi announced that the ECK Group of Companies (EC...
Popular Posts - Last 30 days
-
A man was stabbed to death by his lover who was a part-time model in an incident at a condominium unit in Kota Kemuning here on Monday. It i...
-
Paris court grants Malaysia's application to suspend claims by purported heirs of Sultan Jamalul Kiram II Bernama Julai 13, 2022 Dr Wa...
-
Maybank Singapore withdraws lawsuit against NFC chairman, children over housing loans Bernama Julai 12, 2022 Maybank Singapore Limited has...
-
Motorcycle crash: Couple accept casualties to twin children as fate Bernama Julai 17, 2022 A couple lost a child while another suffered se...
-
Wan Saiful confirms he is no longer PTPTN chairman Bernama Julai 12, 2022 Bersatu Information chief Datuk Wan Saiful Wan Jan today confirm...
-
COVID-19: New cases in Malaysia take a slight dip again Melissa Fernando ASTRO AWANI Julai 19, 2022 12:00 MYT COVID-19: New cases in Malays...
-
MH17 tragedy: Dewan Rakyat expresses condolences to families of passengers, crew Bernama Julai 18, 2022 The Dewan Rakyat today marked the ...
-
Malaysian Space Board to be fully launched early next year - Dr Adham Bernama Julai 18, 2022 The Malaysian Space Board will be fully launc...
-
Naz Empire's defamation lawsuit against Awal Ashaari to go to trial as mediation fails Bernama Julai 12, 2022 The defamation lawsuit f...
-
Kedah MB: ECK no longer part of Kulim airport project Bernama Julai 13, 2022 Muhammad Sanusi announced that the ECK Group of Companies (EC...
Blog Archive
-
►
2023
(3771)
- December (311)
- November (322)
- October (286)
- September (288)
- August (365)
- July (349)
- June (372)
- May (316)
- April (279)
- March (301)
- February (245)
- January (337)
-
►
2022
(4309)
- December (352)
- November (422)
- October (288)
- September (281)
- August (347)
- July (303)
- June (335)
- May (406)
- April (341)
- March (371)
- February (390)
- January (473)
-
►
2021
(9030)
- December (636)
- November (647)
- October (809)
- September (797)
- August (880)
- July (894)
- June (747)
- May (780)
- April (580)
- March (629)
- February (643)
- January (988)
-
►
2020
(6800)
- December (819)
- November (698)
- October (832)
- September (729)
- August (548)
- July (558)
- June (615)
- May (394)
- April (368)
- March (453)
- February (439)
- January (347)
-
►
2019
(4089)
- December (411)
- November (425)
- October (375)
- September (279)
- August (397)
- July (353)
- June (326)
- May (315)
- April (266)
- March (318)
- February (293)
- January (331)
-
▼
2018
(4100)
- December (305)
- November (304)
- October (357)
- September (352)
- August (420)
- July (442)
- June (366)
- May (412)
- April (343)
- March (275)
- February (233)
- January (291)
-
►
2017
(3888)
- December (268)
- November (293)
- October (352)
- September (309)
- August (356)
- July (300)
- June (319)
- May (354)
- April (316)
- March (335)
- February (306)
- January (380)
-
►
2016
(4563)
- December (331)
- November (328)
- October (378)
- September (415)
- August (404)
- July (380)
- June (310)
- May (370)
- April (430)
- March (484)
- February (355)
- January (378)
-
►
2015
(4588)
- December (402)
- November (392)
- October (393)
- September (375)
- August (450)
- July (392)
- June (456)
- May (407)
- April (408)
- March (374)
- February (262)
- January (277)