Better Success in GST implementation through ICT

To identify the market’s sentiments and readiness for the country’s impending Goods and Services (GST) system to be enforced on April 1, 2015, PIKOM conducted a survey project titled ‘GST impact on Businesses’ during the first quarter of March 2014 with over 1,000 local organisations nationwide, primarily the IT fraternity and other businesses across industry. Interestingly, the survey found out that there are more than three quarters (75%) of the local organisations perceived and accepted that the new GST system is a better form of indirect tax compared to the current Sales and Service Tax (SST) model. We speak to Cheah kok Hoong of PIKOM Malaysia to find out more about how ICT can help a better implementation of GST.