The Sales and Services Tax, or better known as the SST will take effect in Malaysia starting 1st September 2018. This replaces the current Goods and Services Tax which was zero-rated since June 2018.
So what happens to mobile prepaid services in Malaysia? We’ve checked with the local telcos and basically, you’ll get slightly less credit for all reloads or top ups effective 1st September 2018. In short, a RM10 top up will only give you RM9.43 of credit. To cushion the blow, most telcos are throwing a little bit of extra freebies for every new top up.
Before 1st September, if you top up RM10, you’ll get RM10 of credit. This will change starting tomorrow as all prepaid reloads are subject to 6% deduction. If you’re wondering why RM0.57 was deducted instead of RM0.60 for a RM10 top up, it’s because the reload is inclusive of both credit and 6% SST (6% of RM9.43 is RM0.57).
full story ... https://www.soyacincau.com/2018/08/31/malay...oad-get-rm9-43/
SST on Prepaid: RM10 reload gets you RM9.43 of cre News
Aug 31 2018, 08:20 PM, updated 8y ago
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