GST Registration Rises To 117,376 As Of Oct 31

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KUALA LUMPUR, Nov 1 – The number of companies that have registered for the Goods and Services Tax (GST) stood at 117,376 as of Oct 31, an increase of 2,087 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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