PAC to table report on GST refund today

by BERNAMA / pic by TMR FILE

THE Public Accounts Committee (PAC) has unanimously agreed to table the report on reclaim of credit for taxes paid under the Goods and Services Tax (GST) amounting to RM19.4 billion today, one day earlier than schedule.

Its chairman Datuk Dr Noraini Ahmad (picture) said it was to avoid further speculations on the report.

“After it has been tabled at the Dewan Rakyat, members of the public can obtain the report by downloading it from the PAC website at on the same day it was tabled,” she said in a statement on Saturday.

Earlier, PAC in a statement last Wednesday said the report would be tabled at the Dewan Rakyat tomorrow after the report was unanimously finalised by its 13 members at the PAC Report verification meeting.

The committee took 11 months starting from Aug 15, 2018, to finish the report in 10 meetings.

In August last year, Finance Minister Lim Guan Eng revealed that the previous government had failed to pay RM19.4 billion in GST refunds since its implementation in April 2015 to May 31, 2018, and there was only RM1.49 billion left in the repayment fund