PUTRAJAYA: The reintroduction of the Sales and Service Tax (SST) last September 1, has no effect on the price regulation of controlled items for the Deepavali celebration this year.
Domestic Trade and Consumer Affairs (KPDNHEP) Minister Datuk Seri Saifuddin Nasution said while prices of some items have increased, some had seen a decrease while prices of others remained unchanged since SST’s implementation.
This occurrence, he said, was due to several factors, some of which fell within the jurisdiction of the ministry, while others were beyond its control.
“The price of imported mutton increased RM1 from RM24 to RM25 this year. This could have happened because of the fluctuations of the Malaysian ringgit.
“Meanwhile, the price of tomato increased because of the rainy weather which caused issues in supply,” he added.
Apart from imported muttons and tomatoes, there was also an increase in prices of chicken eggs.
“Prices of items which saw a fall are chicken; standard chicken, super chicken,” he said.
Items where the prices remained unchanged were coconut, grated coconut, shallots (India), imported onions, potatoes (China) andlentils (Australia), he said.
Saifuddin was met earlier at the Festive Season Price Control Scheme in conjunction with Deepavali celebration.
He said the ministry has listed 16 items under the Price Control Scheme for Deepavali this year.
The price control would be effective for seven days starting Nov 3, and implemented under the Price Control and Anti-Profiteering Act 2011, he added.
Among the items are live chicken (RM5.80 per kg), standard chicken (RM7.30 per kg), super chicken (RM8.10 per kg), local bone-in mutton (RM47 per kg) and imported lamb (RM25 per kg).
While items subjected to the price control are Grade A, B and C eggs, which costs 38 sen, 37 sen and 36 sen each, respectively.
Chilies are priced at RM4.50 a kg, tomatoes will be sold at RM13 per kg and grated coconut at RM7.20 kg.
The ministry has also set the wholesale price for one whole coconut at RM1.90.
Shallots from India is priced at RM5.80 per kg, imported onions (RM2.80), potatoes from China (RM2.80) and Australia lentils (RM3.50).
The ceiling prices of these items differ for Sarawak, Sabah and Labuan, therefore, consumers are advised to check via the KPDNHEP’s website.
Saifuddin said those found to be selling the controlled items for a higher price could face a fine up to RM100,000 or jailed up to three years, or both, or pay a compound of up to RM50,000 under the Price Control and Anti-Profiteering Act 2011.
Companies could also be fined up to RM500,000 or compounded up to RM50,000 upon conviction.
Saifuddin also said traders could be fined up to RM10,000 or compounded up to RM5,000 for not displaying the pink price tags while companies could be fined up to RM20,000 or compounded RM10,000.
Following this, the ministry also increased the number of enforcement officers at selected places through the ‘Omnipresence’ effort.
“This is to ensure a safe and ethical business environment,” he added.
He said consumers could report to the ministry if they find any act profiteering.