PUTRAJAYA: Prawns, lobsters and shrimps will no longer be subject to the 10% sales and services tax (SST), Finance Minister Lim Guan Eng said today, adding that there had been an oversight by his ministry in the list of taxable seafood.
Lim said the items were ingredients in popular meals such as Char Kuey Teow and could have a chain effect on food prices.
“I must confess I like Char Kuey Teow,” Lim told a press conference today.
He said many of these items were used in curries and dishes sold at Nasi Kandar shops and would now be more expensive.
“Some have questioned why raw ingredients like prawns, crabs and shells have been hit with the 10% SST.
“The 10% tax was imposed on them because they were lumped together with luxury items,” Lim added.
Lim said the items were ingredients in popular meals such as Char Kuey Teow and could have a chain effect on food prices.
“I must confess I like Char Kuey Teow,” Lim told a press conference today.
He said many of these items were used in curries and dishes sold at Nasi Kandar shops and would now be more expensive.
“Some have questioned why raw ingredients like prawns, crabs and shells have been hit with the 10% SST.
“The 10% tax was imposed on them because they were lumped together with luxury items,” Lim added.
I wonder what's so great in Guan Eng's announcement that prawns, kerang (used for char koay teow) and crabs are SST-free.
Previously all these fresh seafood were already free of GST, including the infamous kembong (made infamous by a TMI reporter who claimed that with GST the prices of kembong and kerang shot up by 100 to 200%, yes, not a mere 6% - see my last year's post Very Fake News on Kembung-Kerang?).
Did Lim Guan Eng ever claim that Ikan Kembung was subject to GST ?
ReplyDeleteSo what happen to those hue and cries, song & dance act about the poor paying SST (oops, GST but same thing anyways) for canned sardin while the rich gets SST-free lobsters? Or are lobsters suddenly affordable to the poor now?
DeleteAll food stuffs for human consumption should be abolished.
ReplyDeletePeriod.
Why should a Govt. collect tax or raise prices of food stuff necessary for human consumption? How much can the Govt. collect anyway at the expense of food eaten by everyone?
"All food stuffs for human consumption should be abolished". WAKAKAKA...
DeleteWakakaka.
DeleteCorrection. Should have SST abolished.
Hamisu with ikan masin and kerang. Ikan Bilis issue lah.
ReplyDeletePerodua and Honda already announce new SST car prices 3% LOWER than GST days. Other brands will surely follow suit.
SYABAS MoF, LGE, Royal Kastam, Harapan Government.
http://www.thesundaily.my/news/2018/09/03/almost-all-perodua-models-see-prices-slashed-1-3-sst
https://paultan.org/2018/09/03/sst-honda-releases-new-prices-up-to-rm4-9k-less/honda-sst-price-list-2/