The comparison between Sales & Services Tax (SST) and Goods & Services Tax (GST) in construction industry : effect on labor and materials cost /
Muhammad Hafiy Husaini Hamiludin
- Kuantan, Pahang : UMP, 2017
- xiii, 54 p. : ill. (some col.) ; 30 cm. + 1 CD ROM
Faculty of Civil Engineering and Earth Resources
Project Paper (Bachelors of Civil Engineering) -- Universiti Malaysia Pahang – 2017
Bibliography : p. 46-48
The issue of replacement of Sales and Services Tax with Goods and Services Tax has become serious discussion in the Malaysian society. Goods and Services Tax which is also known as Value Added Tax in many countries is a multistage consumption tax on goods and services. Goods and Services Tax is levied on the supply of goods and services at each stage of the supply chain from the supplier up to the retail stage of the distribution. Meanwhile, Sales tax administered in our country is a single-stage tax charged and levied on locally manufactured taxable goods at the manufacturer’s level and as such is often referred to as manufacturers’ tax. The tax is also imposed on taxable goods imported into the Federation Sales tax is imposed on imported goods at the point of entry. The significant of this research were to examine the effect of this issue towards construction sector. Data were collected from several parties and questionnaire were constructed to meet the objective that has been outline. The analyzed data has shown that the Government really needs to reconsider again about applying Goods and Services Tax to the construction industry. To acquire a much better result future researchers should take a longer time frame for data collection period so that larger amount of responses can be collected for analysis.
THE0000436(Local)
Faculty of Civil Engineering and Earth Resources--Dissertations