Must keep sales records for 4 years
Published on: Wednesday, October 16, 2019
By: Sohan Das
LABUAN: Effective from next year, it is mandatory for shops to keep their purchase invoices and sales records for up four years to help facilitate verification by the Domestic Trade and Consumerism Department in the event of consumer complaints.
Labuan Indian Chamber of Commerce and Industry Chairman Datuk Dahlif Singh said this after leading a delegation to pay a courtesy call the department’s director here, Amirul Hadi Idham.
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He said: “The new regulation would not to be a problem to us as all Indian traders here are known for charging fair prices.
An example of this is we have 20 Indian restaurants and prices of popular drinks like coffee, tea and roti canai have remained unchanged for years despite the escalated labour and shop rental costs as well as utilities.”
He noted that the purpose of the visit was to request the department to inform the chamber in advance should there be changes in laws under the ministry and applicable to traders.
Regarding the proposal to increase the minimum wage to RM1,200 from RM1,000 as mentioned in Budget 2020, Dahlif said: “As agreed, it should only applied to major cities with high population and Labuan should be exempted as its population stood at less than 100,000 despite being a financial centre as well as oil and gas hub.
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On another wage-related proposal that Malaysians replacing foreigners in low skill jobs to get RM350 or RM500 depending on the sector every month for two years, while their employers will get RM250 a month during the same period, Dahlif said it was doubtful this would work because locals were not willing to do the jobs of foreigners in this sector.
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He noted that most companies would want to employ locals because they need not pay levy and other expenses “but we were left without choices.”
