KUALA LUMPUR, Sept. 12 -- The Association of Commodities Importers for Animal Feed Malaysia (ACiAFM) has called on the government to rethink imposing the Sales and Service Tax (SST) on certain imported feed raw materials, warning that the move will inevitably push up the cost of chicken, eggs and meat.
According to The Star, around 30 per cent of raw ingredients used in feed - including soybeans, wheat pollard, canola meal and vitamin premixes - are now subject to a 5 per cent SST.
ACiAFM interim president Chong Kam Weng said the burden would fall on consumers as importers and livestock farmers passed on the higher costs.
"With 30 per cent of them subjected to a 5 per cent sales tax, this translates to RM170mil in additional costs," he...
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