Tuesday, January 7, 2020

The Reasons For Malaysian Citizens Do Not Like Gst Essay

Discussion : Many of the consumers think GST may have many of negative effect to them because their must to pay more than the original cost before the government introduces GST in Malaysia. This is some causes that may the consumer and supplier do not like GST much in Malaysia. First, I think the reasons why many of Malaysia citizen do not like GST is because general products prices may go up, so this will increase their daily expenditure budget. Second it will increase the load of the low -income working group in Malaysia as we know the basis salary in Malaysia is RM800. In the amount of RM 800, they have pay many of the other cost such as utility expenses, houses or room rate, vehicle fuel and other thing. So that it make they feel that this burden GST is distress them. In the same time they was worried if the government increase the GST rate from 6% to 10% to increase revenue because it is possible for the government increases GST rate to get more revenue to develop countries or to support th e government burden. Next in the beginning of introducing of GST that has many problems in implementation due to the lack of real understanding of the concept among GST on the supplier and consumer and to ensure that the supplier does not take any advantage of the consumer in increase the price of their product. In addition, rumors from outside also make the Malaysia citizen feel bad to the concept of this GST without check the information is true or not and without the trulyShow MoreRelatedMarketing Management Assignment3280 Words   |  14 Pagesthe name of company in the trade and marketplace and their main product was Dutch Baby Sweetened Condensed Milk. In 1984, the brand name was changed again from Dutch Baby to Dutch Lady for product positioning reason. The mission of the Dutch Lady Milk Industries Berhad is to help the Malaysian move forward in life with trusted daily nutrition. With the vision is to further strengthen their position as the leading dairy company, driving growth. Apart from this, there are about 22,000 employees withRead MoreGst: the Challenges Amd so on for Implementation of Gst4681 Words   |  19 Pagesservices tax (GST) is one type of indirect taxes. GST is also known as value added tax (VAT) (Behan Jenkins, 2005). Although GST and VAT have different names, they represent the same system where the cost of tax is actually borne by the end user. However, each step in the supply chain will collect the tax and will be remitted to the government. The supply chain can also claim back the GST included in the products they buy. According to Singh (2007), it is well documented that a GST can be an effectiveRead MorePromotional Exam Econs10149 Words   |  41 Pages[1] †¢ For a resource such as water from river, stream or underground water, it is non-excludable. It is too costly and almost impossible to restrict the benefits to those who pay for them (this is only in the case of water which runs across areas like the Mekong River - which cuts across countries/Yangtze River – cuts across different states). It is available, free of charge to anyone who wants to use them. OR †¢ However, water in cities, provided by the state municipality, is excludable. HouseholdsRead MoreDoing Business in the Asia/Pacific Rim Region31325 Words   |  126 Pagesof Victoria- population: 5.3 million). The nation’s capital is Canberra. With 11.25 million people in the workforce, Australia is ranked seventh in the world for overall competitiveness, (World Competitiveness Yearbook 2009). Australia is home to citizens from some 200 countries, making it the most multilingual workforce in the Asia Pacific region. More than 4.1 million Australians speak a second language (including 3 million who speak a language other than English at home). The Language Australia’s

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