KPMG Malaysia Calls For Targeted Input Tax Credit, Timely Refunds If GST Features Added To SST

By Niam Seet Wei

KUALA LUMPUR, Sept 30 (Bernama) -- A targeted input tax credit mechanism for business-to-business transactions should be considered if selected goods and services tax (GST) features are incorporated into the sales and service tax (SST) framework, said KPMG Malaysia.