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 GST 7%, included into property buying too?

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skcJVN
post May 20 2013, 02:03 PM

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QUOTE(david_cheong2002 @ May 20 2013, 11:15 AM)
I think all will be include, from you buying a tissue paper until buying a property and so on. And all the service you get during the purcasing property also will be charge for 7% such as legal fees and so on.
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I don't think so , government already charge so high stampduty for the property transaction , as i know most of the basic need like rice ,sugar, petrol etc is excluded from the GST . maybe the lawyer fee (service charge) u have to pay GST .
skcJVN
post May 20 2013, 02:27 PM

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QUOTE(himalaya81 @ May 20 2013, 02:21 PM)
i think this is true.
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nothing is guarantee in malaysia .
skcJVN
post May 21 2013, 08:31 PM

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QUOTE(whitesabre @ May 21 2013, 04:36 PM)
Yup to pass an bills/laws, simple majority will do. So, GST actually has already passed. However, they needed to wait until after GE 13. Implementing it before GE 13 spells doom for BN. Only those stupid will vote for BN.

On another note, the opposition can still challenge the law in court. They can bring it up to the high count upto federal court. Having said so, imagine the impossibility of the fed court supporting the oppositions. To all, spend less on anything. GST is totally different from SST. GST is imposed on ALL LAYERS of goods and services, while SST is imposed on sales point. Once GST implemented, petrol will increase, then transportation will increase. Once it comes to consumers, it's no more 7*, but 7% on increasing balance on every layer.

Say a fisherman catches fish. He needs petrol, which has 7% on it. He catches and sells to middle man, charges anoda 7% on, say RM100*7%. Then comes to market, sells to those market fish sellers, anoda 7% gone. Don't forget about petrol to transport. Then they transport to fish market, another 7%. Lastly to us, ANOTHER 7%. If u do the maths, it's more than 6x of 7%. Haha
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not like that lah kawan . ask ur accounting friend, after input n output the GST rate only charge on last end user price only lah !
skcJVN
post May 21 2013, 11:13 PM

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QUOTE(tigana @ May 21 2013, 10:59 PM)
The govt projects that they will increase annual revenue by RM27billion via GST. That means on average, every man, woman and child in this country contribute almost RM1000 each per year. Of course some contribute more, but this is on average. Is this a reasonable estimate?
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HaHa ,aku janji BR1M increase to rm 1000.00 next year - that is where the money come ! All the family members contribute 1K , but only some family get 1K - good idea . Lol
skcJVN
post May 22 2013, 12:07 AM

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I think GST - Goncang Sampai Tiada - more match .

This post has been edited by skcJVN: May 22 2013, 12:15 AM
skcJVN
post May 22 2013, 03:47 PM

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Rich ppl buy more thing pay more GST , but they can afford . Poor ppl buy less thing pay less GST , but they hard to afford ! GST is to make sure EVERY trading \business activity no miss from taxing

 

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