Quantcast
Channel: Sony, Shanghai Oriental Pearl to set up China PlayStation JVs – Page 3 – Borneo Post Online
Viewing all articles
Browse latest Browse all 14299

Customs targets RM34 billion in tax collection

$
0
0

KOTA KINABALU: The Royal Malaysia Customs has targeted to collect RM34 billion in tax by end of this year.

Director-general Datuk Seri Khazali Ahmad said the department is confident of reaching the target because for the first seven months of this year, it collected RM19.4 billion. The department is optimistic of collecting the balance of RM14.6 billion by yearend to achieve its target.

“The highest contributing sector to the tax collection is the automotive which gave us about RM7 billion in sales tax and excise duties, followed by taxes from cigarettes and crude oil export duties,” he said at the breaking of fast with Sabah Head of State Tun Juhar Mahiruddin and consort Toh Puan Norlidah at a surau in the Customs housing complex in Sepanggar on Tuesday.

Khazali revealed that the department would be introducing U-Customs (Ubiquitous-Customs).

The new system is to replace the Customs Information System which has been used since 1995 at the department’s headquarters.

“Through U-Customs, the public, particularly traders and business people, including importers and exporters, could access information and pay their taxes online,” he said.

They can access the new system anytime without going to the Customs office to settle their taxes.The new system is expected to start operation by 2015.


Viewing all articles
Browse latest Browse all 14299

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>