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The Impacts of Gst on Malaysian Mini Market

Autor:   •  November 19, 2016  •  Coursework  •  7,626 Words (31 Pages)  •  906 Views

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BEEB 2033

APPLIED ECONOMICS

SEMESTER A152

GROUP B

THE IMPACTS OF GOODS AND SERVICE TAX (GST) ON MALAYSIAN MINI MARKET

GROUP                                : 7

LECTURER                        : MRS. ZALINA BT. MOHD MOHAIDEEN

DATE OF SUBMISSION        : 9TH MAY 2016

NO.

MATRIC NO.

NAME

PHONE NO.

1

237947

NORFATIHA BT. MOHD ASRI

011-26287905

2

238097

MOHAMAD ASYRAF BIN AHMAD TARMIZI

016-5003878

3

238326

TAY YIH THERN

017-4437321

4

238554

NUR AWWALIN BT. BAHAMAN

014-3445045

5

239013

NURUL NADIA BT. ROSLI

013-5046816



Contents

1.0        INTRODUCTION        

2.0        REASONS OF GST IS NEEDED IN MINI MARKET        

2.1 Lower Business Cost        

2.2 Increase Global Competitiveness        

2.3 Enhance Compliance        

2.4 Increase in Gross Domestic Product (GDP)        

3.0 ECONOMY THEORY RELATED        

3.1 Perfect Competition Theory        

3.2 Demand and Supply Theory        

3.3 Elasticity        

3.4 Deadweight Loss of Taxation        

3.5 Scarcity        

4.0 CONSEQUENCES OF GST TO THE PEOPLE AND MINI MARKET        

4.1 Advantages of GST        

...

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