KUALA LUMPUR: The Public Accounts Committee will table its report over the"missing" RM19.4bil Goods and Services Tax credit refunds in Parliament on July 16.
Last August, Finance Minister Lim Guan Eng told the Dewan Rakyat that the former Barisan Nasional-led government had not been able to refund companies their tax credit from GST because 93% of the money had not been placed in the correct account. "Aside from that, PAC also received three briefings from the National Audit Department as well as input from the Attorney General's Chambers, as well as conducting four meetings to prepare the report," she said.
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