Challenges of GST


There is always challenge for a country to implement a new system or policy as it has to consider the widespread effect on individual citizen, businesses, government and the whole economy. The regulators have to balance the interest between the benefits and disadvantages of the new policy along with the long term goal. One of the challenges in the implementation of GST might be the level of technological knowledge of the citizen especially those senior citizen. This is not a discrimination issue but in fact, many senior citizens in Malaysia are not familiar with the technology equipments such as the uses of computer and GST software. For an example, a case from Teluk Intan where a hardware store owner, Chen, 65 tried to commit suicide due to the pressure from trying to implement the Goods and Services Tax (GST).

In order to prevent for the cases and any negative consequences, the regulators have to make sure adequate of time given to the businesses in implementing the GST as changing a company's system and operation's policies is not an easy job especially for those traditional businesses. Many traditional businesses might not able to adapt to the new system and the changes easily due to their technological knowledge and the existence of man power. Can you imagine how pressure is an old man to adapt and implement a GST system without the adequate of time, knowledge and the most important is man power who can really help him in term of solving the technical works and the implementation of GST.

Hence, the regulators should aware of the challenges of GST in order to protect the interest of the public and to avoid any unintended consequences by providing adequate of information to the public, sufficient of time and more training programs should be take place in order to help people who are still struggling on the implementation of the GST.