File photo for illustration purpose only. Photo credit: Pixabay

By Shikin Louis

KUCHING, Nov 20: Sarawak has collected State sales tax (SST) on timber products totalling RM8 million in just five months, says Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg.

He said the implementation of SST on timber products has been in effect since June 1, 2023.

“To date, we have collected RM8 million revenue from this source,” he said when tabling the Supply (2024) Bill, 2023, in the Sarawak Legislative Assembly (DUN) sitting today.

He also reaffirmed that his administration will continue implementing revenue reengineering initiatives, focusing on measures to broaden the State’s revenue base and strengthening revenue monitoring and collection mechanisms, leveraging digitalisation.

“To diversify our revenue base, we will also introduce a Bill entitled Environment (Reduction of Green House Gases Emission) Bill, 2023, in this DUN sitting.

“This Bill allows the imposition of levy on carbon trading and the emission of carbon or other greenhouse gases from activities and processes by the economic sectors in the State,” he added. — DayakDaily