Ex-PM says the price increase is an example of how SST is less transparent than GST.
PARLIAMENT | This after Johari Abdul says that only those who do not go to the market themselves would not realise the price reduction.
COMMENT | Budget 2019 shows the new government understands that empathy is crucial in managing the economy.
UPDATE 1AM: Kenanga Investment Bank economic research chief hopes that the country can one day bring back GST.
He says Rehda has approved a price reduction after the tax exemption on construction materials.
PARLIAMENT | Impact is expected to be felt after September stocks enter market, says deputy minister Chong Chieng Jen.
Counters started last week to answer questions arising from the SST implementation.
Two Finance Ministry officers will be stationed at the counters to address complaints, says Guan Eng.
The minister tells telcos to ensure no SST is charged for M'sians buying prepaid cards.
Finance minister stresses that Putrajaya will cease taking the soft approach with these companies by next year.
He accuses the finance minister of hypocrisy for saying GST caused prices of goods to go up, but not SST.
He says prices of goods and services are determined by demand and supply in the market.
LETTER | The implementation of a digital tax has to be done very carefully, given the recent transition from GST to SST.
But analysts predict that the rate will not continue moderating due to the introduction of the SST.
He leads some 30 supporters in protest again, this time against the newly implemented tax.
This comes after the former prime minister complained of having to pay the six percent tax when for a pau recently.
Saifuddin Nasution says action will be taken within 24 hours.
He questions the ex-PM for complaining about SST but did not when BN gov't implemented GST.
The operators are only subject to SST after exceeding the threshold value of RM1.5m, says Guan Eng.
This will ensure customers get full value for top-up payments, says the ministry.
With SST kicking in, most models are between one and three percent cheaper, says its managing director.
Dr M says the unpaid GST input tax refunds has given the impression GST can raise more money.
UPDATED 9.30PM | Finance minister clarifies that the tax was only a proposal but not implemented.
UPDATED 7.20PM | 'These are certainly not luxury food items consumed by the rich,' says sec-gen Sivarajan.
Saifuddin says his ministry will coordinate efforts with the Finance and Communications Ministries.
Finance minister says prepaid users should receive full RM10 value when buying RM10 mobile prepaid.
He says this will happen in less than two years should the price of goods rise under the revised tax system.