GST

Assalamualaikum.

GST: Goods & Services Tax
SST: Sales and Services Tax

GST falls under consumption tax. It means you will be taxed due to your consumption (items bought and services used)

My personal thoughts on GST

1. Its a new burden unwillingly shouldered by all
- GST operates on a negative concept. All items are taxed unless specifically exempted.
- SST operates on a positive concept. Only prescribed items are taxed.
- GST regime operates on a wider basis

2. It is quite impossible for government to withdraw it once it has been implemented.
- Government has incurred lots of money for explaining GST to public
- Even affected companies also have to bear some cost to install the new tax in their system.
- It has been years of research and debate before it was implemented starting 1st April 2015. 
- Nevertheless, I opine that it may be implemented but NOT NOW.

3. Increases government's revenue
- Undoubtedly, this will happen.
- Also, the implementation of GST also hoped to reduce the government's deficit which is in a crucial state.

4. Fund management
- As public we are okay if the government's fund is well managed and used for beneficial and public welfare purposes.
- The thing that drives our anger is when public fund is not managed prudently plus some more controversial issues that I may not mention here.

5. I would say that even if in the next general election, the government changed, GST will still be there. However, there are many rooms for improvement like the fund management and spending habit of the government. So, in the first place you know what to do right? :)

This is rather out of topic. But, I would say that our people is very afraid to changes as if only one party can govern Malaysia forever.

6. I did asked academician and practitioner and people around and they responded the same. GST is not good, at least for now. 

7. So, what about so many campaigns and gatherings by the NGOs and student movement to object GST? Will it affect government's plan? I think that it will just stay the same. But, it will surely open the eyes of the public on what actually the government are doing. And I hope they will take action in the next GE. In sha Allah.

8. It's not just about politics. If you think so, you better re-think. 

Alhamdulillah. That's it for now. 

May Allah bless us with deen and knowledge :)