GST fraud: unveiling the truth
Goods and services tax (GST) fraud is increasing in Malaysia, resulting in the loss of income for the government. Although there are mechanisms in place to prevent GST fraud, fraudsters are smart and will usually find ways of outwitting such measures.To combat such fraud, it is essential to understa...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
ExcelingTech Publishers
2019
|
| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/25652/1/IJSCM%208%201%202019%20941%20950.pdf |
| _version_ | 1803628977966809088 |
|---|---|
| author | Othman, Zaleha Nordin, Fareez Fahmy Bidin, Zainol Mansor, M., |
| author_facet | Othman, Zaleha Nordin, Fareez Fahmy Bidin, Zainol Mansor, M., |
| author_sort | Othman, Zaleha |
| collection | UUM |
| description | Goods and services tax (GST) fraud is increasing in Malaysia, resulting in the loss of income for the government. Although there are mechanisms in place to prevent GST fraud, fraudsters are smart and will usually find ways of outwitting such measures.To combat such fraud, it is essential to understand the types of GST fraud perpetrated. Therefore, the purpose of this qualitative study was to identify types of GST fraud in Malaysia. Using a case study approach, the study found six major forms of GST fraud: falsifying claims, sales manipulation, nonsubmission of GST forms, failure to register, GST avoidance and carousel fraud. Notably, there are commonalities between GST fraud in Malaysia and in other developed and developing countries. This study suggests that authorities should be alert and aggressive in preventing GST fraud. The research contributes to tax administration and the development of literature by demonstrating the impact of a new tax policy with respect to indirect taxation such as GST to facilitate fraud prevention measures. |
| first_indexed | 2024-07-04T06:30:32Z |
| format | Article |
| id | uum-25652 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:30:32Z |
| publishDate | 2019 |
| publisher | ExcelingTech Publishers |
| record_format | dspace |
| spelling | uum-256522020-11-05T03:54:45Z https://repo.uum.edu.my/id/eprint/25652/ GST fraud: unveiling the truth Othman, Zaleha Nordin, Fareez Fahmy Bidin, Zainol Mansor, M., HD28 Management. Industrial Management Goods and services tax (GST) fraud is increasing in Malaysia, resulting in the loss of income for the government. Although there are mechanisms in place to prevent GST fraud, fraudsters are smart and will usually find ways of outwitting such measures.To combat such fraud, it is essential to understand the types of GST fraud perpetrated. Therefore, the purpose of this qualitative study was to identify types of GST fraud in Malaysia. Using a case study approach, the study found six major forms of GST fraud: falsifying claims, sales manipulation, nonsubmission of GST forms, failure to register, GST avoidance and carousel fraud. Notably, there are commonalities between GST fraud in Malaysia and in other developed and developing countries. This study suggests that authorities should be alert and aggressive in preventing GST fraud. The research contributes to tax administration and the development of literature by demonstrating the impact of a new tax policy with respect to indirect taxation such as GST to facilitate fraud prevention measures. ExcelingTech Publishers 2019 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/25652/1/IJSCM%208%201%202019%20941%20950.pdf Othman, Zaleha and Nordin, Fareez Fahmy and Bidin, Zainol and Mansor, M., (2019) GST fraud: unveiling the truth. International Journal of Supply Chain Management (IJSCM), 8 (1). pp. 941-950. ISSN 2050-7399 http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/2820 |
| spellingShingle | HD28 Management. Industrial Management Othman, Zaleha Nordin, Fareez Fahmy Bidin, Zainol Mansor, M., GST fraud: unveiling the truth |
| title | GST fraud: unveiling the truth |
| title_full | GST fraud: unveiling the truth |
| title_fullStr | GST fraud: unveiling the truth |
| title_full_unstemmed | GST fraud: unveiling the truth |
| title_short | GST fraud: unveiling the truth |
| title_sort | gst fraud unveiling the truth |
| topic | HD28 Management. Industrial Management |
| url | https://repo.uum.edu.my/id/eprint/25652/1/IJSCM%208%201%202019%20941%20950.pdf |
| work_keys_str_mv | AT othmanzaleha gstfraudunveilingthetruth AT nordinfareezfahmy gstfraudunveilingthetruth AT bidinzainol gstfraudunveilingthetruth AT mansorm gstfraudunveilingthetruth |