NEWS

No significant SST impact yet on prices of goods, Dewan Rakyat told

Bernama

Published
Modified 17 Oct 2018, 9:36 am

PARLIAMENT | The sales and service tax (SST) has yet to have a significant effect on the prices of goods because it is still in the early stage of implementation, the Dewan Rakyat was told today.

Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen said the impact on the goods is expected to be felt after the stocks released in September get to the market.

“Nevertheless, we will continue to monitor the movement of consumer goods in the market to ensure that the prices imposed are reasonable,” he said during Question Time in the House.

Chong was replying to a question from Alexander Nanta Linggi (PBB-Kapit) who wanted to know why the prices of goods are still high even after the shift from the goods and services tax (GST) to the SST.

He said enforcement through monitoring and inspection of prices at all times is done at all business premises under the Price Control and Anti-Profiteering Act 2011 to ensure that traders do no exploit the prices of goods.

“The ministry will always be sensitive to consumer complaints on the issue of rising prices of goods following the reintroduction of the SST,” he said.

He said the ministry had introduced a complaints channel through the WhatsApp application at 019-2794317 which recorded 11,178 messages of complaint in September.

Bernama

Share this story

By posting a comment, you agree to our Terms & Conditions as stipulated in full here

TERMS & CONDITIONS

Foul language, profanity, vulgarity, slanderous, personal attack, threatening, sexually-orientated comments or the use of any method of communication that may violate any law or create needless unpleasantness will not be tolerated. Antisocial behaviour such as "spamming" and "trolling" will be suspended. Violators run the risk of also being blocked permanently.

REPORT VIOLATORS

Please use the report feature that is available below each comment to flag offending comments for our moderators to take action. Do not take matters in your own hands to avoid unpleasant and unnecessary exchanges that may result in your own suspension or ban.