KUALA LUMPUR: Finance Minister Lim Guan Eng urged BN leaders to admit that the goods and services tax (GST) caused price hikes.
He advised them to argue their points on GST versus the sales and services tax (SST) based on facts and figures.
“Please refer to facts. We are dealing with facts and figures, not lies and falsehoods,” he said outside Dewan Negara today.
“That is why we don’t want to engage with them, because they don’t want to be guided by facts and figures.
“We hope BN can now concede that GST caused price hikes.”
Lim said the Pakatan Harapan government was willing to admit that SST, which comes into effect on Sept 1, may cause price hikes, but insisted that it would only be half as bad as GST.
Lim said the government would be lenient with traders on SST registration, initially.
“If you can give us a reasonable excuse (for registering late), we will be lenient,” he said.
“But, it cannot be used as an excuse not to register. It is better to register. Because, you must remember, if you register, let’s say, on Oct 1, you have to pay the tax for September.” © New Straits Times Press (M) Bhd