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GST Registration At 104,980 As Of Oct 25

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KUALA LUMPUR – The number of companies registering for the Goods and Services Tax (GST) was at 104,980 as of Oct 25, an increase of 476 from the previous day, said the Royal Malaysian Customs Department.

In a statement here Sunday, it said the latest data showed an increase in the number of companies registering for the GST, with the Dec 31 deadline in mind.

The government has set a target of 140,000 companies to register under the new tax structure, set for implementation on April 1, 2015. – BERNAMA

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