Deputy Finance Minister Congratulates KFC On GST Compliance

Simpang Renggam, 5 April 2015 - Deputy Finance Minister, Datuk Ahmad Maslan visited KFC Simpang Renggam yesterday as part of his rounds to monitor the compliance of the newly implemented Government Service Tax (GST). Also present were, Ling Mee Jiuan, Senior Vice President, KFC Malaysia, Zulkifli Ibrahim, Senior Vice President, Johor Corporation, Nor Nekman Jaimon, Johor Domestic Trade, Cooperative and Consumerism Ministry (KPDNKK) Director, and Yew Chin Heong, Deputy Director Johor State Customs.

In his speech, Datuk Ahmad Maslan congratulated and thanked KFC for following the Standard Operating Procedure (SOP) for GST.

KFC Malaysia is registered with the Royal Malaysian Customs Department (RMCD), is in compliance with GST regulations and the amount collected will be remitted to RMCD. Due to the Goods & Services Tax (GST) on applicable goods and services, KFC has been charging customers the 6% rate effective from April 1, in all of the prices in their menu and promotional offerings.

KFC also announced that the GST replaces the company’s existing Sales and Service Tax (SST).

The GST imposed replaces the SST at the same standard tax rate of 6%. Hence, there are no changes in the amount charged. Customers either pay same or less with GST as the prices of some of their favourite meals have been reduced.

“The prices displayed on the menu may seem higher now with GST, that is because the prices shown are nett., which include the 6% GST. Previously the 6% SST was not displayed on KFC’s menu as it was charged upon payment at the cash register,” added Ling Mee Jiuan.

Some of the combo meals that have had a reduction in price include the Lunch & Dinner Treats as well as the Value Treats of RM3.00, RM4.00 and RM5.00 and their corresponding combos of which the 6% GST has been absorbed by the company.

It is KFC’s continuous commitment to provide customers good food at great value, even with GST. That is why the prices of some your favourite meals and combos have been reduced, which means that you’ll be paying even less than before.

KFC ensures that the quality of the food, ingredients and the taste, as well as the size of the meal will always remain the same.

For more information, please visit http://www.kfc.com.my/gst

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