Tag - Refined Sugar

Refined sugar to stay tax-exempt, says Finance Ministry

PETALING JAYA: Refined sugar, commonly known as white sugar, will remain untaxed under the revised sales and service tax (SST) framework set to take effect from July 1, says the Finance Ministry. Addressing concerns raised by manufacturer MSM Malaysia Holdings Berhad, the ministry said the government's targeted taxation approach would ensure that essential goods including sugar,...

Sugar, rice and selected imported foods exempt from expanded SST, says Finance Ministry

PETALING JAYA: The Finance Ministry has clarified details regarding the expanded Sales and Service Tax (SST), specifying that the 5% tax is levied on goods manufactured locally and on imports. "If the fruits are imported, they will be subject to the 5% sales tax," the Ministry stated. However, it confirmed that locally grown fruits are exempted...