RM19.47 bil in GST refunds not paid to 121,429 people and companies

KUALA LUMPUR (Dec 7): The former Government failed to reimburse RM19.47 billion in Goods and Services Tax (GST) refunds to 121,429 companies and individuals, said Finance Minister Lim Guan Eng.

He said under Section 54 of the GST Act 2014, the monies collected must be deposited into the GST Trust Fund to enable reimbursements.