He said that, although the sales tax regime inport does not impose tax on goods exported, the artic

KUALA LUMPUR - The implementation of the Goods and Services inport Tax (GST) will put Malaysia on the same level with other countries inport in terms of competitiveness in exports, said the Director General of Customs Department, Datuk Seri Khazali Ahmad.
He said that, although the sales tax regime inport does not impose tax on goods exported, the article is not completely free of tax, as some hidden tax, which can not be excluded, are already included in the determination of the export price.
"For example, some of the capital goods and services used in the production of goods exported taxed because there is no mechanism under the current tax system to exclude the hidden tax.
"It finally make our export products less competitive in the international market," he said in a special address at the Second National Conference for the implementation of GST, here, today.
"Under the current tax system, where goods are smuggled into the country of manufacture, the goods are not taxed along the supply chain but under the GST possibility of the article is not taxed is thin," he said.
Day conference on the theme "Challenges in Implementation of GST in Malaysia" organized inport jointly by the International Chamber of Commerce and Industry of Malaysia and the Malaysian Export Academic. - BERNAMA
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September 10, 2014