as you thought in the middle all GST reimburse back to middle man, but in fact the final price increase a lot due to the mark up in between

Assuming SST - 10%, GST - 6% and mark up 30%

Base price (Cost) - RM1000

SST:
Manufacturer - RM1000 / 0.7 x 1.1 = RM1571.43 (SST = RM142.86)
Distributor - RM1571.43 / 0.7 = RM2244.90
Trading company - RM2244.90 / 0.7 = RM3207
Retail shop - RM3207 / 0.7 = RM4581.43

GST:
Manufacturer - RM1000 / 0.7 x 1.06 = RM1514.29 (GST = RM85.71)
Distributor - RM1514.29 / 0.7 x 1.06 = RM2293.07 (GST = RM129.80)
Trading company - RM2293.07 / 0.7 x 1.06 = RM3472.36 (GST = RM196.55)
Retail shop - RM3472.36 / 0.7 x 1.06 = RM5258.15 (GST = RM297.63) (GST = 20.83% from RM1000 / 0.7)

As you can see the final price has increased (RM5258.15 - RM4581.43) / RM4581.43 = 14.77% and we pay RM297.63 - RM142.86 = RM154.77 more as compare to SST

Ok some said 30% markup is too much, so even if only markup with 10%:

Base price (Cost) - RM1000

SST:
Manufacturer - RM1000 / 0.9 x 1.1 = RM1222.22 (SST = RM111.11)
Distributor - RM1222.22 / 0.9 = RM1358.02
Trading company - RM1358.02 / 0.9 = RM1508.91
Retail shop - RM1508.91 / 0.9 = RM1676.57

GST:
Manufacturer - RM1000 / 0.9 x 1.06 = RM1177.78 (GST = RM66.67)
Distributor - RM1177.78 / 0.9 x 1.06 = RM1387.16 (GST = RM70.67)
Trading company - RM1387.16 / 0.9 x 1.06 = RM1633.77 (GST = RM83.23)
Retail shop - RM1633.77 / 0.9 x 1.06 = RM1924.22 (GST = RM98.03) (GST = 8.82% from RM1000 / 0.9)

As you can see the final price has increased (RM1924.22 - RM1676.57) / RM1676.57 = 14.77% and we although we pay RM98.03 - RM111.11 = -RM13.08, we still pay more than 6% from the original rate.

This is because every level they markup and charge 6% and the final price markup again and GST again, although the middle GST all reimburse back to them but the final price is hefty and GST is more than 6%

as you can see i only mentioned the GST on the last level on retail shop, the GST on the other levels will be reimbursed
the fact is the final selling price is mark up by another level, not the price excluding the GST, therefore the final price is a lot higher than initial and thus more than 6%

yes correct, just to make sure you got RM3k for the statement balance for next month RM80 cb, doesn't care you got cash advance etc as long as balance statement is RM3k

apply for the 0% BT for NTB as this will help you to spend RM2667 rather than RM3080 for the next month onwards

u need at least RM413 instalment + RM2667 = RM3080, which means BT amount of at least RM413 x 12 = RM4956

This post has been edited by tan_aniki: Jan 6 2023, 12:47 AM

yes
if no BT better just RM1k for RM30, else you need additional RM2050 just for the extra RM20 on non ew which is only 20/2050 = 0.976%

mine 14/3 statement, but i will continue do 1k + 1667 before 12/3 see whether still can get RM80 anot

i'm going to try it
btw i still got 5 months of BT instalment RM3200/month
after finish BT then only do RM1k ew enough

still ok what 3% cb for ew capped RM30 same like amb true except no longer open for application

but even if you choose put the RM5k elsewhere to get 4% fd = RM200, you still get less RM210 from the ew top up, unless u can find other cc with cb over 1.75% to cover it

This post has been edited by tan_aniki: Feb 13 2023, 10:22 PM

u can believe level 1 CS?

the only card u always use is visa, so no worry with 12x
just don't forget mc do 12x as after 3 years the 4th is chargeable, so need to do on 3rd year b4 4th year kick in

if u want to save the ew quota, can just go to any place that accept cc and buy sweets 12x, but i tried b4 same merchant only can 10x daily

i only do 10c for each txn



This post has been edited by tan_aniki: Aug 24 2023, 10:32 PM

this one u need to control ur squeeze, mine just preset and squeeze fully then do next

every bank also will deduct back, just spend that refund amount to avoid any deduction affecting ur calculation

hard means still got chance, so the answer is impossible

u can try unactivate forever and don't be surprise later got 1 inside ur eccris

i tot the CS will tell u can just cancel the card to become RM80 --- RM50 --- RM30 --- RM0 then the SST will be gone

that's how bank make money, remember clear all outstanding as well as all txn will be charged interest if not settle statement balance before due date

no but the monthly repayment count towards the previous balance if appear on your current statement

hackers just need to know the front 10 digits and then start to hack as we all got almost the same 10 front digits for the same bank and product, so even though we never store at any place, hackers still able to hack it if they know the front 10 digits