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Malaysian businesses complain of delay in getting GST refunds

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Some three months after the start of Malaysia's 6 per cent Goods & Services Tax (GST), businesses say they are finding the going tough, hemmed in as they are by a delay in getting their GST refunds as well as by sales that have slipped as a result of the shrinking ringgit and the new consumption tax.

Kuala Lumpur

SOME three months after the start of Malaysia's 6 per cent Goods & Services Tax (GST), businesses say they are finding the going tough, hemmed in as they are by a delay in getting their GST refunds as well as by sales that have slipped as a result of the shrinking ringgit