Advantage of gst
the advantages included an effective, transparent and fair tax structure besides encouraging a shadow economy to be registered under the GST system.
 
"It is a transparent tax as a business premises can show the tax imposed in the sales invoice while consumers will know exactly how much tax he or she is paying on the goods bought and services rendered," he told reporters after opening the office of international real estate consultants, Rahim & Co, here today.

 
Ahmad said the other advantages included the marked reduction in red tape and bureaucracy, lower business cost, nil burden on the lower-income, additional revenue for the country and a competitive export sector.

 
"Exports will be more competitive as there will be no hidden taxes and the cost of doing business will be lower as GST will not be a cost to registered retailers," he said.
 
Besides, GST can also lead to diversification of income sources other than income tax and petroleum tax.  
Ahmad did not deny the fact that products which attract five per cent tax may cost one per cent more after the implementation of GST.  
"But, we must know and understand that there are many products now which attract sales tax of ten per cent and that will come down to six per cent when GST is implemented," he added.
 
Ahmad also said recipients of the 1Malaysia Peoples Aid (BRIM) would receive a one-off payment of RM300 in addition to the BRIM payment to be made next year to cushion the impact of the Consumer Price Index (CPI) of 1.8 per cent.  

The implementation of the GST has a direct impact on the CPI which would take six months to stabilise.-- Bernama - See more at: http://www2.nst.com.my/business/latest/gst-will-have-10-advantages-1.551205#sthash.CVPxeetS.dpuf

Sales tax
A sales tax is a tax paid to a governing body for the sales of certain goods and  services
. Usually laws allow (or require) the seller to collect funds for the tax from the consumer at the point of purchase. Laws may allow sellers to itemize the tax separately from the price of the goods or services, or require it to be included in the price (tax-inclusive). The tax amount is usually calculated by applying a percentage rate to the taxable price of a sale. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax. Conventional or retail sales tax are levied on the sale of a good to its final end user, and is charged every time that item is sold retail. Sales to businesses who later resell the goods are not charged the tax. A purchaser who is not an end user is usually issued a "resale certificate" by the taxing authority and required to provide the certificate (or its ID number) to a seller at the point of purchase, along with a statement that the item is for resale. The tax is otherwise charged on each item sold to purchasers who do not provide such a certificate and who are under the jurisdiction of the taxing authority.[1][2] Other types of sales taxes, or similar taxes, include:

Manufacturers' sales tax: a tax on sales of tangible personal property by manufacturers and producers Wholesale sales tax: a tax on sales of wholesale of tangible personal property when in a form packaged and labeled ready for shipment or delivery to final users and consumers. Retail sales tax: a tax on sales of retail of tangible personal property to final consumers and industrial users[3] Gross receipts taxes, levied on all sales of a business. This tax has been criticized for its "cascading" or "pyramiding" effect, in which an item is taxed more than once as it makes its way from production to final retai...

/business/latest/gst-will-have-10-advantages-1.551205#sthash.cvpxeets.dpuf /list_6721296_disadvantages-taxes.html 0.5 00 06 1 1.25 1.75 1.8 10 10.25 11 11.25 12 13 14 140 15 16 17 18 19 1967 1992 1998 1malaysia 2 20 20.4 2000 2003 2008 2009 2010 2011 2013 2014 2015 21 22 23 24 25 27 29 3 3.9 30 4 44 5 54.8 6 6.25 6.5 6.6 7 7.0 7.5 8 9 90s abus accord account accumul achiev act actual ad add addit address adjust administ administr adopt advantag affair agreement ahmad aid aim albeit alcohol allow almost along also although among amount andi announc annual anoth anticip anwar appear appli appropri april area around art asset attempt attract author automat automobil avail avoid away balanc base baton beholden bella benevol bernama besid beverag biggest billion boat bodi bombard bond book bought break brim bring broad budget burden burdensom bureaucraci busi cabinet calcul california call cannot capit cascad case catalog categori caus cent certain certainti certif challeng chang changer charg chicago children citi citizen claus clear close cloth co co-oper collect columbia come commerc commiss common compar competit complet complianc compon comprehens concentr condit conform congress congression conserv consid consist consult consum consumpt continu contract contractu contrast control controversi convent cook cooper core corp cost could counti countri court cpi creat credit criterion critic crucial current curtail cushion custom cut cycl dakota damag date datuk day death decad decemb decis declar declin deficit defin delawar deliveri deni denmark depend determin develop differ difficult dire direct director disadvantag discourag discretionari disincent dissuad district diversif domest dormant downsid due e e-commerc e.g earn earnedincom eat econom economi economist edit educ effect effort eitc elect enact encourag end endeavor enforc enough entail equit especi essenti establish estat estim europ even eventu everi exact examin exampl except excis exclud exempt expand expir export exposit extend face fact fair fairtax fall famili feder file final financ financi firm first fiscal five flat food forc form formal forward foster found foundat freedom fulfil fulli function fund futur gain game gasolin gather gdp general generat given go good govern governor gregoir groceri gross grow grown growth gst half hard harder harm headquart health help heritag hess hidden high high-end high-incom higher higher-incom highest highly-anticip hire hit hold home hot household howev hundr hungari ibrahim id ident il illinoi immedi impact impend implement import impos includ inclus incom increas independ index indirect individu industri inscandinavia instrument intend intermedi intern internet interst invest investopedia investor invoic isabell issu item job jovial jovial-look jurisdict key know known label labor lack lai larg larger last later law lawmak lead least legisl less level levi lie life limit local locat long look loophol loss louisiana low low-incom lower lower-and lower-incom macroeconom made magnitud mail main mainstream maintain major make malaysia man mani manufactur march mark matter may mean medicin meet mere metropolitan minim minist mitig moder moderate-incom modest money month moral motiv much multipl must myt najib narrow nation near necessari necessarili need neglig never new newspap next nexus nichola nil nine noncompli north norway note nov number octob oecd offic offset often one one-off one-penni oner open oper option order organ otherwis out-of-st overal overdu overhaul overturn owe packag paid pair part particular pass pay payment penal penni peopl per percent percentag percept permalink person petroleum phase physic pier plung pm point polici policymak polit poorest possibl post potato power precipit premis prevent price primari prime prioriti privat privileg problem procedur produc product profit project properti propos protect provid public publish purchas pursu push putrajaya pyramid qualiti question quick quill radic rahim rais rang rare rate rather razak read readi real rebat receipt receiv recent recipi recommend recov red reduc reduct reform regim region regist regress reimburs relat remot render rent replac report requir resal resel resourc respond respons retail retain retard return revenu rise rm300 robust roug run safeti said sale saturday scheme sector secur see sell seller separ septemb seri servic session set seven sever shadow shift shipment short shortfal show shrunk signific similar simpl simplifi sinc six skirt small smaller societi sold solut solv someth sourc speak special spend sst stabilis stand standard state statement stifl stock storag straightforward strategi streamlin strict strive structur studi subject subromaniam subsequ subsid suggest support suprem sweden system take take-hom tangibl tank tape tax tax-inclus taxabl taxat taxdeduct taxpay temporari temporarili ten thedepart theori thing think third tholasi three thus tie time today told toward trade transpar transport trend trigger tun turn turnov type u.s ultim uncollect understand undertak unemploy unfair uniform unit unless updat upon use user usual v valu value-ad valued-ad various vat vehicl vendor version via view warn washington washingtonian wast way wealth wealthi week western wftr whether wholesal window wing wish within without work worker world worldwid worst would write www.ehow.com www.ehow.com/list_6721296_disadvantages-taxes.html www2.nst.com.my www2.nst.com.my/business/latest/gst-will-have-10-advantages-1.551205#sthash.cvpxeets.dpuf year