May 21 2013, 01:49 PM
QUOTE(Denis @ May 21 2013, 11:33 AM)
At the moment, the proposed GST has presented to the parliament for the 1st reading. 2nd reading and 3rd reading yet to be done. If GST is gonna to replace Sales and Service Tax (SST), then it needs 2/3 majority of the YB to pass through as it involves changes of indirect tax collection system (if I m not mistaken).
After the 13th election, opposition managed to get over 1/3 of the parliament seats and they are opposing GST.
This mean that GST may not be implemented in the forseeable future , imho.
you also will said 1/3 parliament will opposite, but still got 2/3 still is BN, and the chair man of the country is Najib... so i dont think Parliament opposite will win for this issue...After the 13th election, opposition managed to get over 1/3 of the parliament seats and they are opposing GST.
This mean that GST may not be implemented in the forseeable future , imho.
GST confirm will implement, just timing only, maybe in end of the year wait for everything smooth 1st...
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