NOVEMBER 12, 2013
LATEST UPDATE: NOVEMBER 12, 2013 08:12 PM
The Government is in the final stage of preparing the processing centre and developing a computerisation system for the goods and services tax (GST), which will be enforced on April 1, 2015.
Royal Customs Department Director-General Datuk Seri Khazali Ahmad said they have identified Kuala Lumpur as the location for the processing centre, which would be completed soon.
The computerisation system, known as "myGST", is 98% complete and will be ready for trial run by year-end, he said.
"In December, the myGST system will be fully ready and we will do a dry run after that," he told Bernama in an interview.
Khazali said the myGST system would facilitate businessmen to register, conduct auditing and claim refunds without having to go to the processing centre.
"The system is ready, it's now for the businesses to get ready with the new system," he said.
On security, he said the system has been tested by the Malaysian Administrative Modernisation and Management Planning Unit (MAMPU).
"So, there is no issue on security. We have the Act on data confidentiality," he added.
Khazali said the myGST system would be integrated with several important government agencies such as the National Registration Departmnt and the Companies Commission Malaysia.
"Very soon the system will be linked with all the banks in the country. So far, six banks have confirmed their participation, among them are Maybank, RHB Bank and CIMB Bank."
"We'll appoint them and they have no reason to reject because this is income for them," he said.
Khazali said his department was also transforming the customs information system to a new system which will be known as U-Customs.
U-Customs is a system that will handle import-export data and the system will be integrated with myGST when it is completed, he added. - Bernama, November 12, 2013.