GST to Hit Malaysian Gold Jewelry Sales with Up to 30% Drop 📉
Malaysian gold jewelers brace for a 20-30% decline in sales as the new Goods and Services Tax (GST) begins on April 1st, impacting the local jewelry market.
Astro AWANI
0 views • Dec 6, 2017
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Malaysian gold jewellers may have to contend with a 20% to 30% drop in sales when the country's proposed goods and services tax (GST) takes off on April 1st next year. Jewellery buyers are expected to feel the six percent pinch in the purchase price but its union is confident that sales will increase after two years of familiarisation with the tax.<br /><br />Follow us & Subcribe on Astro AWANI<br />Website: http://www.astroawani.com<br />Facebook: https://www.facebook.com/astroawani<br />Twitter: https://twitter.com/501Awani<br />Youtube: https://www.youtube.com/njoiawani<br />Instagram: http://instagram.com/501awani
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Dec 6, 2017
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