What are the measures undertaken by the government to assist the SMEs during the GST implementation?
The government will ensure that the implementation of the
GST will not
result in negative impact on the development of SMEs. In its effort to
assist the SMEs, the government will conduct comprehensive training and
education programmes for all SMEs nationwide. This programme will be
conducted jointly by the Ministry of Finance and SME Corp. The
government is also planning to provide GST accounting software packages
in CD form to SMEs that do not have their own accounting systems.