Listed companies that provide Goods and Services Tax-compliant software are urged to configure their accounting software or Point of Sales (POS) system which produces a series of printed invoices immediately.
This move is viewed to hinder any confusions among consumers about the recently-implemented GST.
The Federation of Malaysian Consumers Association (FOMCA) secretary-general, Datuk Paul Selvaraj said in reality traders require only two weeks to install the POS system although the government has set a September 30 deadline for them to do so.
“There is no problem if they (the traders) have already installed the system before the implementation of GST. The Customs Department have held several seminars and workshops on ways to apply the POS system.
“If it takes too much time for traders to do so, will only cause a lot of problems as consumers need to see the receipts. If the POS is not utilised, the charges imposed on customers would only create confusion among them," he said when contacted by Astro AWANI on Wednesday.
Selvaraj was asked to comment on the extension period given to small and medium GST-compliant traders to install the POS system.
An extension period of up to September 30 have been given for the system to be installed.
RELATED STORIES:
Six types of businesses found with most GST receipt offences
GST: 88,600 business premises inspected
In a recent report by MStar, Customs Department GST Division director Datuk T.Subromaniam said
entertainment premises such as pubs and karaoke centers, pharmacies, bookstores, grocery stores, hardware stores and mini markets are not allowed to issue handwritten invoices after that period.
GST which was implemented on April 1 was introduced to replace the Sales and Services Tax (SST) which constitues 10 per cent of Sales Tax and the remaining for Service Tax (6 per cent) in Malaysia.
With the implementation of GST on April 1, the government aims to earn RM23.1 billion. This revenue will contribute to the nation’s development expenditure of RM50.5 billion which will be channelled into infrastructure investment.
Mariah Ahmad
Thu Apr 16 2015
The traders are advised to immediately configure the accounting software system or Point of Sales system (POS). - File Photo
348 ditahan atas pelbagai kesalahan dadah
Polis menahan 348 individu termasuk 11 wanita dalam Ops Hawk yang dijalankan di seluruh negeri ini selama tiga hari bemula Selasa.
PM Anwar pulangkan elaun Pengerusi Khazanah, tegaskan sekali lagi tidak terima gaji
Anwar berkata beliau memulangkan elaun sebagai pengerusi Khazanah Nasional Berhad yang diterimanya dan sekali lagi menegaskan tidak menerima gaji bagi jawatan Perdana Menteri.
Ringgit ditutup kukuh berbanding dolar AS
Pada 6 petang, ringgit meningkat kepada 4.7650/7710 berbanding dolar AS daripada 4.7745/7775 ketika ditutup pada Khamis.
[TERKINI] Elaun masuk akaun bank tapi saya tak mahu - PM
Datuk Seri Anwar Ibrahim memaklumkan, beliau memulangkan semula elaun diterimanya sebagai Pengerusi Khazanah Nasional Berhad.
Usia Persaraan: KWSP disaran sediakan pinjaman untuk akaun 1 penyimpang
KWSP disaran untuk lebih kreatif bagi membantu penyimpan capai jumlah ideal untuk zaman persaraan, iaitu sekitar RM240,000.
Penganalisis Ekonomi Dr Barjoyai Bardai mencadangkan KWSP pertimbang beri pinjaman untuk akaun 1, dengan syarat ia tidak boleh diganggu.
#AWANI745
Penganalisis Ekonomi Dr Barjoyai Bardai mencadangkan KWSP pertimbang beri pinjaman untuk akaun 1, dengan syarat ia tidak boleh diganggu.
#AWANI745
MoF tiada rekod surat kelulusan Najib
Mahkamah Tinggi Kuala Lumpur diberitahu, Kementerian Kewangan tidak mempunyai pengetahuan mengenai dua surat kelulusan yang ditandatangani oleh Datuk Seri Najib Tun Razak selaku Menteri Kewangan.
#AWANI745
#AWANI745
Kes saman Ahmad Zahid terhadap Muhyiddin selesai secara baik
Kes saman yang difailkan Timbalan Perdana Menteri Datuk Seri Ahmad Zahid Hamidi terhadap bekas Perdana Menteri Tan Sri Muhyiddin Yassin, selesai secara baik di Mahkamah Tinggi hari ini.
AWANI Borneo [26/04/2024] - Permintaan terkahir Joanna | Cakna kepentingan pertahanan | Jangan takut ugutan
Laporan berita padat dan ringkas dari Borneo bersama Nickyson Nyambar;
#AWANIBorneo 26 April 2024
Suami mendiang Joanna dedah hasrat isteri untuk Gawai ini
Sarawak berpotensi jadi pemain industri pertahanan negara
Jangan berdiam, Armizan minta pemilik syarikat minyak lapor jika terima ugutan
#AWANInews
#AWANIBorneo 26 April 2024
Suami mendiang Joanna dedah hasrat isteri untuk Gawai ini
Sarawak berpotensi jadi pemain industri pertahanan negara
Jangan berdiam, Armizan minta pemilik syarikat minyak lapor jika terima ugutan
#AWANInews
Gelombang haba bawa derita baharu, risiko penyakit ke Gaza
Peningkatan suhu melampau luar jangka di seluruh Gaza menambah derita yang dihadapi warga Palestin setiap hari di semenanjung itu.
Tarikh akhir pengemukaan Borang E dan CP8D dilanjutkan hingga 31 Mei
Lembaga Hasil Dalam Negeri (LHDN) hari ini memaklumkan tarikh akhir pengemukaan Borang E dan C.P.8D dilanjutkan hingga 31 Mei ini.