Vehicle sales tax waivers extended till June


The 10% sales tax is waived for locally assembled passenger vehicles and halved for imported makes until June. – The Malaysian Insight file pic, December 29, 2020.

THE Finance Ministry has extended the sales tax exemption for locally assembled (complete knock down) passenger vehicles until June 30, Free Malaysia Today reported.

A 50% discount on the 10% sales tax on fully imported (complete built-up) vehicles is also extended for the same period, said the report citing a government circular.

The waivers were to have ended on Friday.

Prime Minister Muhyiddin Yassin announced the waivers to drive demand in June as part of the Penjana economic stimulus package. – December 29, 2020.



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