Govt warns stern action against GST price hikers

Bernama
July 3, 2014 17:03 MYT
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Mohd Irwan Sergar said over two million products will be monitored nationwide when the GST is implemented.
His ministry has approved the Domestic Trade, Co-operatives and Consumerism Ministry's request for 472 new staff for enforcement activities in 222 parliamentary constituencies, he said.
More than 10,000 products will be monitored in each constituency when the GST is implemented, he said, adding that a GST Monitoring Committee has also been established to ensure smooth implementation of the new tax system.
On the ministry's new portal, he said it is dynamic, contemporary, information-rich and equipped with the latest safety features. Its new 1Pekeliling Perbendaharaan portal, a one-stop centre for public sector financial management, has been updated to be more user-friendly, he said, adding the number of Treasury circulars has also been reduced 84 per cent to 298 from 1,892 previously.
#000 products #10 #Co-operatives Consumerism Ministry #domestic trade #GST #Mohd Irwan Sergar
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