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GST Registrations rise to 144,286 as of Nov 15

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GSTKUALA LUMPUR, Nov 16 — The number of companies registered for the Goods and Services Tax (GST) stood at 144,286 as of Nov 15, 2014, up by 348 from the previous day, the Royal Malaysian Customs Department said.

The number of companies registered for the GST has now surpassed the government’s target of 140,000 by year-end. However, those companies yet to register, have until Dec 31, 2014 to do so.

The new tax regime will be implemented on April 1, 2015.

— BERNAMA