GST Relief on RON95, Diesel and Liquid Petroleum Gas (LPG)
Pursuant to the 20 cents increase in RON95 petrol and diesel on 2 October 2014, Alonso and Schumacher are worried that things may worsen after the implementation of GST. They were relieved to hear that Prime Minister Datuk Seri Najib Razak read the following at the Budget 2015:-
“Further, to ensure the implementation of GST does not burden the Rakyat, the Government has agreed that the retail sale of RON95 petrol, diesel and LPG be given relief from the payment of GST. Through this measure, consumers and targeted groups will not have to pay GST on the purchase of RON95 petrol, diesel and LPG.”
As the speech suggested, both of them felt relief that they will not be charged GST on their fuel consumption. Is that true?
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