“Unfortunately, the former government did not do this and the entire amount was instead deposited directly into the Consolidated Fund Account, contravening the GST Act,” said Lim in a statement, adding that the Royal Malaysia Customs Department (RMCD) confirmed that an audit on the GST refund claims of RM19.47bil was completed and approved for payment end-July this year.
However, there was a shortfall of RM19.2bil as there was only RM148.6 million left in the GST Trust Fund, which was insufficient to repay the arrears.
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
Created by savemalaysia | Aug 25, 2024
RM 19.47 billion enough to goreng small-mid caps(850 counters?) 100-200%(below 10 -50 sen) from lowest?
2018-12-07 18:05
In 90's rubbish ctrs like Repco, Hwa Tai fried to RM 200. Whose money use to fry them?
2018-12-07 18:11
5354_
If nobody claim why not use RM 19.47 billion to goreng Bursa small-mid caps(those not owned by big funds EPF, KWAP, PNB)?
2018-12-07 17:56