PUTRAJAYA: The Sales and Services Tax (SST) will be set at 10 per cent when it replaces the the Goods and Services Tax (GST), said Finance Minister Lim Guan Eng. Last week, the Ministry of Finance announced the GST would be set at zero per cent from June 1. “The SST, to be re-introduced later, will be set at 10 per cent as stated in the Pakatan Harapan election manifesto,” said Lim. “If, however, there is a change, we will make an announcement,” Lim said at the conclusion of his first day of work at Finance Ministry today. We are not too concerned about credit agencies’ ratings,” Lim said.

Source: New Strait Times May 22, 2018 12:00 UTC