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GST Registration At 110,122 As Of Oct 28

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KUALA LUMPUR – The number of companies that have registered for the Goods and Services Tax (GST) stood at 110,122 as of Oct 28, an increase of 2,611 from the previous day, said the Royal Malaysian Customs Department.

In a statement, the department said the latest data showed a continuing 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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