QUOTE(zhen^wei @ Jan 25 2015, 11:52 AM)
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%.
yes company made 500K a year must Register before end dec 2014.. now they got Saman RM1K each delay.. and company that not made 500K a year also best to Reg but not force to.. and who not REG are not allow to Charge customer GST 6%... agree
Quote "GST can only be levied and charged if the business is registered under GST. A business is not liable to be registered if its annual turnover of taxable supplies does not reach the prescribed threshold. Therefore, such businesses cannot charge and collect GST on the supply of goods and services made to their customers. Nevertheless, businesses can apply to be registered voluntarily. "
GST Govx
Najib collect ? eh bro this money go for the benefit of Country.. Qoute " Almost all countries collect income tax, which is a percentage of what you earn as an individual. Another way the government gets revenue is by collecting tax from business operations, like sales tax and duties on items that are bought or sold.
We need to pay tax so that the government can operate. GST is one method of collecting taxes which works better than others. "
- Timbalan Menteri Kewangan II YB . Datuk Chua Tee Yong 2 January 2015. <- Very Handsome Fellow only country Malaysia Any racial can become Minister 1Malaysia !
price Fluctuation exchange.. eh i check GTX 960
GTX 960 Newegg price 210usd -240usd brand EVGA, MSI, Asus so if seller sold 250usd GTX 960 True should sell RM900 but ... USD market GPU sell 10-30USD less... BUT HEY ! i dun mind !

WHEN Sapphire R9 380X is out i swear no matter PRICE (of course i ask discount!! haha) i WILL BUY IF YOUR shop SELL