GST Registration Rises To 115,289 As Of Oct 30

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KUALA LUMPUR, Oct 31 – The number of companies registered for the Goods and Services Tax (GST) stood at 115,289 as of Oct 30, an increase of 2,679 from the previous day, said the Royal Malaysian Customs Department.

In a statement, the department said the latest data showed a continuing increase in the number of companies registering for the GST, with the Dec 31 deadline in mind. The government’s target is to get 140,000 companies to register under the new tax structure to be implemented on April 1, 2015.

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