QUOTE(Unseen83 @ Jan 24 2015, 08:19 PM)
OFF TOPIC:
GST they can or not made 500K a year is up to him to declare it.. that's meant pay %% to Gov.. why GST required strict reg for them to claim/charge GST 6% charge towards customer... why u need ask them vat number.. before made purchase..

bro what ever it is 6% GST no different than moment SST(sale service Tax) we all paying for goods.. just with GST alot got Exclude from TAX

e.g. Education Fee, Public transport, Feul Petrol Ron95/Deisel, sale purchase or Rental Residential properties / First 300 unit Electric / Basic Food item(raw chicken,meat,fish at market) /reading material/newspaper /Medical medicine drug (cover heart/diabetic/)
company who made 500k revenue annually = must register GST so can charge customers 6% to claim back the 6% which u pay to the supplier when ur supplier sell you the goods.
company who not register GST = they cannot charge 6% on invoice so cannot claim back the GST by supplier. this kind of company normally will markup higher to cover back the 6%.
example:
distributors sell Company A (GST) and B (non GST register company) the product with cost RM100 + 6% GST = RM106
Company A sell RM130+6% = RM137.80 to end users (Najib collect RM7.80-RM6 =RM1.80 from company A)
*get profit RM30
Company B sell RM130 to end users (he cannot back the GST charge by supplier)
*get profit RM24 (RM130-RM106) if he want to sell at same price.
these are just basic for the GST theory. the only affected the market is the SRP will increase from RM130 to RM137.80.
alot of things now we pay with Service tax, the service tax will change the name to GST so the price remain the same (KFC, etcs)
now, computer products price up, not becoz of GST, but the currency exchange rate. u can imagine the rate is raise up from RM3.1 to RM3.65 (highest is RM3.7) - look at the Selling TT/OD column
http://www.maybank2u.com.my/mbbfrx/f_foreign_exchange.htmMalaysia doesn't produce computer parts, all import from oversea, even the Dell manufacture in Penang import the parts from oversea but assembly local.
Fluctuations in exchange rates (to higher) will benefits if export. if rate drop to lower then it will benefits if import.
exmple USD250 for a GTX960, the reasonable price is RM775, but due to the currency exchange rate now, the price became RM900 something.
another good things for GST is, the sales tax changed to 6% from 10%. when you do import, not every items will get 10% sales tax and 10% import tax, i know powersupply, casing, cooler got sales tax, others i not sure.
so some of the computer products "maybe" will cheaper. During the GST period, all the expenses like transport fees also has 6% so we cannot assume all price will cheaper 4%.