CURRENT

MOF: Sales tax exemption for vehicles extended to June 31 next year

30 Dec 2020, 12:57 AM
MOF: Sales tax exemption for vehicles extended to June 31 next year

KUALA LUMPUR, Dec 30 — The Finance Ministry (MOF) yesterday announced the car sales tax exemption which is ending on December 31, has been extended for six months to June 30 2021.

In a statement, MOF said the 100 per cent sales tax exemption would be on completely knocked-down (CKD) passenger vehicles including MPV and SUV.

"There will be a 50 per cent sales tax exemption on completely built-up (CBU) passenger vehicles including new and used MPV and SUV," it said.

The government had earlier announced sales tax exemption for the purchase of new vehicles from June 15 to December 31 2020.

— Bernama

What do you think?

Latest
MidRec
Media Selangor
About Us

Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.