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Credit Cards GST - Card issuers compensation, With certain minimum condition

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zenjet
post Mar 13 2013, 06:38 PM

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juz called HSBC CS ~ she insisted i need to pay RM50 or 10k points~

I spent 1k every month with it for the last 7 yrs ~

RM50 also cannot waive ~ applying for another card now ~

cancel it once i got the new one ~
zenjet
post Mar 19 2013, 10:28 AM

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QUOTE(MilesAndMore @ Mar 13 2013, 06:52 PM)
That's because you called to the wrong office. You need to call the relevant government department to waive the credit card service tax. HSBC is acting as the collection agency to collect the credit card service tax for the credit cards issued by them on behalf of the government.
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ooo ~ really? got the office number?
zenjet
post Mar 21 2013, 02:22 PM

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QUOTE(hye @ Mar 19 2013, 08:54 PM)
doh.gif Goodness.
GST is collected by the banks on behalf of Jabatan Hasil Dalam Negeri Malaysia. You need to call them if you do not with to pay GST and be prepared for a lengthy justification. (I am not joking) Google to get any number to the office which is convenient for you.
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ic ~ what did you say to them to waive ur GST?
zenjet
post Mar 24 2013, 09:32 PM

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QUOTE(fly126 @ Mar 21 2013, 03:32 PM)
doh.gif  doh.gif  doh.gif
What Hye Tried to Say that, Paying GST of Credit Card like Paying Your Income Tax to Government You Can NOT Avoid It, You Understand or Not... shakehead.gif

GST (Government Sales & Service Tax) can NOT WAIVE or OFFSET by the Bank, it is collected by the Government and the Bank Act as Agent to Government & Collect all from Credit Card Holder, so You have to Pay the Tax... nod.gif
If Not Paying the GST, You Maybe be Blacklisted by the Bank ($50 per Prinp. Credit Card a Year)

You x Afford the Yearly GST.... Cancel Your Credit Card, go Get Yourself a Debit Card With No GST...EZ  rolleyes.gif

Myself got 6 Credit Cards, I have to Pay $300 ($50 GST x 6) to Government Every Year.... cool2.gif
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wow ~ 6 cards ~ u must be really rich and wise ~

and u r right about i'm not afford to pay the yearly GST so i'm gonna cancel it ~
zenjet
post Mar 24 2013, 09:38 PM

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QUOTE(Pink Spider @ Mar 23 2013, 12:15 PM)
Let us settle this once and for all...

GST is a tax, all cardholders have to pay, with banks acting as "agent" to collect on behalf of the government.

However, banks CAN give u a cash back, rebate, credit or whatever they may call it to EFFECTIVELY relieve you from bearing the GST.

It's all law; the law states that GST has to be paid by the cardholder, but there is also no law stopping banks from giving customers a discretionary cash back/rebate/credit.
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Yes ~ i'm aware of the GST is a law ~ tats y i called bank to deal with it ~

juz someone in the thread implying it could be done by calling gov department.

i juz wonder how he did it ~ well since i already offset it with the points ~

i'd call it settled ~

This post has been edited by zenjet: Mar 24 2013, 09:43 PM
zenjet
post Mar 24 2013, 10:42 PM

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QUOTE(hye @ Mar 24 2013, 10:01 PM)
I never implied such it was possible but instead directed to the method known. Success rate was 0%, nobody did it before not LHDN is interested to entertain anyone. The GST problem was aggravated by agents severely impacted to the GST ruling when card applications dived as compared to before. (This will continue as I still hear card agents peddling to date their credit cards with so called GST "waivers" which is misleading, false advertising and unethical)

The problem is actually both ways - public are still spoiled by free cards, freebies (in the forms of gifts & free cash) and in the aftermath rant when they are so called "cheated" by the agents or banks. Unfortunately, the public has a very long way to go before the emergence of a more financially matured society emerges.

All the while GST was by law a requirement to pay.
By your story, you knew it but still you want to attempt not to pay it by coming in here and asking.  doh.gif
I had so many people reacting people should share when I told them off - This section of the forum is not a place to share how to break laws. Contrary to the maybe some other sections of LYN where they are free to talk about anything they like - truth or fiction.
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Well ~ i guess i have used to wrong word ~ i shouldn't say i want bank to WAIVE ~ i should say i want bank to ABSORB it.

I heard there are some banks willing to absorb it ~ as a matter of fact HSBC is absorbing it, it juz u cant redeem rewards wit ur points anymore ~

btw ~ I'm not saying tat u implied anything ~ i'm saying is another moderator asked me to call gov department ~

tats y i asking him how he did it ~ he might have a way tat works? i dunno ~

i always presumed when i was directed to a known method, it is atleast > 50% success rate ~ by asking i could increase it abit ~

i don think i'm breaking the law tat i wanted the bank to relieve my GST and still i'm sorry if u think tat i shouldn't ask here ~

This post has been edited by zenjet: Mar 24 2013, 10:47 PM

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