steadyaku47

Thursday, 27 October 2016

GST : Penipuan by the BN Government!


Interesting postings on GST.

I attended one of the briefings by the Treasury on GST. They explained very clearly how the tax should be calculated and reported to the Customs. Basically, the GST should be charged on the "value added" portion only. Look at the following example:

I went to the Car Service Center to change my tyres. The cost breakdown should be as follows :

1. Tyres - MR 1,000
2. Service Charge - MR 100
3. GST on S/Chages - MR 6
4 TOTAL - MR 1,106
(Note: The tyre cost is inclusive of the GST when the shop bought from the tyre dealer). So the value added cost here is only the service charges.

What is happening today is different.
The shop is calculating the GST on MR 1,100. That comes to MR 66. So, the total bill comes to MR 1166.
Therefore, the consumers are being doubled charged with the GST on the tyres.

Ini yg dikatakan penipuan by the Govt. That is the reason they are earning very much higher than expected.

This is a very straightforward and easy example. I am sure this similar calculation errors are happening in all businesses. That's the reason why all barang2 naik harga dgn mendadak after the implementation of the GST.

There is no proper procedures developed to help the business in calculating the tax.

I am sure they realise that this double taxation is happening in the country. But they are not doing anything because they are getting higher revenues.

So, in the end we, the consumers, are being screwed.

PLEASE NOTE THAT INI BUKAN FITNAH. I DO MY OWN INVESTIGATION. THIS IS THE RESULT. SAKIT HATI BILA TERASA KENA TIPU.


With Thanks to MYR.