The Finance Ministry has widened the scope of service tax exemptions to logistics service providers and maintenance services, just one month after the Sales & Service Tax rate rose from 6% to 8%. The intention is to mitigate rising costs on the rakyat. Dr Veerinderjeet Singh, Senior Adviser on Tax Policy at KPMG explains the impact of such a decision/indecision.

Image Credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Shazana Mokhtar, Keith Kam

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Categories:  Law/Activism,  economy

Tags:  logistics sector,  sales and service tax,