Traders who were not subjected to the 2% rise on the Sale and Service Tax but still went ahead were issued notices by the Domestic Trade and Cost of Living Ministry who issued 24 notices after inspecting 1,016 business premises.
Minister Datuk Armizan Mohd Ali said traders who were issued the notice have been told to respond within four days to the ministry regarding price adjustments of goods and services made at their respective premises.
He said the feedback was needed so that the ministry could examine whether the price adjustment made by the business was in line with and not contrary to the Price Control and Anti-Profiteering Act 2011.
“We will continue to conduct inspections at business premises and the KPDN expects cooperation from the public to file complaints (against errant businesses).
“We also hope that traders will not take the opportunity to manipulate prices which we consider to be an aspect of profiteering to sabotage initiatives carried out by the government,” he told reporters after an official working visit to Pulau Sebatik near here today.
The government raised the SST from 6% to 8% effective March 1 to much dissatisfaction from certain quarters but it then adjusted some of the sectors from the raise like food and beverage and lower bracket of electricity users.
