BERA – The implementation of the Goods and Services Tax (GST) on April 1 will not burden farmers, breeders or fishermen, who will continue to receive various initiatives and government aids.
Agriculture and Agro-based Industries Minister Datuk Seri Ismail Sabri Yaakob said even though there was a slight increase in the prices of agricultural products and equipment, it would not bring about a bad effect on their income as they would also enjoy lucrative returns.
“GST will not bring about a huge impact that can cause a big price hike. For the farmers and breeders, many of them have already purchased their machinery on a long term basis.
“Although GST is imposed on pesticides and fertilisers, the government will continue to provide aids to small farmers from time to time in order to increase their yields,” he said.
He was speaking to reporters after officiating the Sekolah Menengah Kebangsaan Mengkarak Parents-Teachers Association general meeting here today. – Bernama