BMW Citroën Hyundai Kia Malaysian News Mazda MINI Mitsubishi Naza Group Peugeot Proton Renault Volkswagen

Sales Tax Exemptions For Cars Manufactured In 2020

June 22, 2020, Kuala Lumpur – Earlier this month, Malaysia’s prime minister Tan Sri Muhyiddin Yassin announced sales tax exemption on new car purchases to promote growth of the country’s automotive industry.

The government granted 100 percent sales tax exemption for locally-assembled or completely knocked-down cars and 50 percent for imported or completely built-up cars, for non-commercial vehicles manufactured in 2020, which runs from June 15 to December 31, 2020.

Below are some of the updated prices released by the car companies:-

All the prices listed are personal registration vehicles, for Peninsular Malaysia excluding Langkawi and without Insurance.

0 comments on “Sales Tax Exemptions For Cars Manufactured In 2020

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: