Friday, July 1, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Telco Altel

MCMC: No Decision Yet on Reverting Prepaid Reload Rates to Pre-GST Prices

by Pang Tun Yau
April 29, 2015
Share on FacebookShare on Twitter

MCMC Fines Telcos 2015

In a surprising twist of events, the Malaysian Communications and Multimedia Commission (MCMC) has released a press statement that contradicts what the Royal Malaysia Customs and the Domestic Trade, Consumerism and Cooperatives Ministry stated earlier today. 

The MCMC has announced that all prepaid reloads will remain charged with an additional 6% GST on top of the reload value. What this means is that consumers will still have to pay RM10.60 for a RM10 reload value, even after 1 May…for now. Hence, there will be no differences in prepaid reload prices next month, despite an earlier report quoting the Royal Malaysia Customs Director-General Datuk Seri Khazali Ahmad that all telcos to revert to pre-GST rates from 1 May 2015.

In the press statement, MCMC Chairman, Dato’ Sri Halim Shafie said:

However, there has been some confusion in the market as to whether prepaid reloads will be back to pre-GST rates from May 1. Unfortunately, it will be almost impossible for the service providers to implement the required changes in the next two days. Secondly, the results of the survey are not yet available and it may be premature to make any decisions at this point in time.

ADVERTISEMENT

Oddly enough, the MCMC’s statement says that reverting to pre-GST rates will raise “complexities in reconfiguring the systems”, which will affect not just the local telco companies, but also third-party prepaid reload retailers including financial institutions, super markets and other sales agents which come up to a total of approximately 30,000 parties.

However, Dato’ Sri Halim stresses that no decision will be made until after an ongoing survey regarding prepaid reloads and GST has been completed and its findings released. The survey asks respondents whether they prefer purchasing a prepaid reload for RM10 with the 6% GST deducted in the reload value, or for RM10.60 inclusive of GST upfront.

Goods-and-Services-Tax-GST-Malaysia-prepaid

It appears that for now, nobody is certain what’s going on with prepaid reloads and GST.

(Source: MCMC (Facebook))

Tags: mcmc telcoprepaid gstprepaid reload gstreload gst
Back to top
Share2Tweet2SendShare

ADVERTISEMENT

RELATED ARTICLES

meeting office four-day work week
News

JPA Sets Up Special Team To Study Four-Day Work Week

by Ikmal Rozlan
July 1, 2022

The Public Service Department (JPA) has formed a special team to study the viability of implementing a four-day work week...

Read more
ASUS Launches ROG Cetra TWS Earbuds; Retails For RM515
Audio

ASUS Launches ROG Cetra TWS Earbuds; Retails For RM515

by John Law
July 1, 2022

ASUS pulled back the veil from its addition to the ROG lineup, the Cetra. The Cetra is a pair of...

Read more
Yoodo SIM
Telco

Yoodo: Operations Will Continue As Usual

by Ian Chee
July 1, 2022

The Malaysian Communications and Multimedia Commission (MCMC) greenlit the merger of Celcom and Digi. With that, the second and third...

Read more
Minister Confirms Six Telcos onboard DNB Deal
Telco

Minister Confirms Six Telcos Are Onboard With DNB Stake Deal

by Heirul Kamel
June 30, 2022

Communications and Multimedia Minister Annuar Musa has revealed that six local telcos have agreed to take up the stake in...

Read more
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    ISP

    TM Is Upgrading Network Infrastructure Nationwide: Provides Wi-Fi 6 Router To 100Mbps Plan

  2. 2
    News

    Employees In Klang Valley Spend 44 Hours In Traffic Jams Every Month

  3. 3
    Telco

    Maxis Customers Are Currently Facing Disruption: Restoration In Progress [UPDATE]

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.