GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Utama Berita Berita Kereta NO SST Exemption Past June 30, 2022 But... NO SST Exemption Past June 30, 2022 But... Berita Kereta Jim Kem | June 20, 2022 03:33 PM No further SST exemptions but buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their vehicle with the Road Transport Department (JPJ). ‘Like for real for real’ - the Finance Ministry isn’t budging to demands to extend the SST exemption period any longer. However, there is a silver lining here. It was widely thought/hoped that a late announcement might have been made to reverse this deadline, but it seems that the ministry is firm in its decision to reintroduce full SST pricing for new vehicles. However, there is some good news here as it was also confirmed that buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their vehicle with the Road Transport Department (JPJ). This allays fears that the SST exemption/discount would only apply to those that have (or will have) taken delivery of said vehicle before June 30th. Expect order books to be filled up pretty quickly in these last remaining days, so you better act quickly. Finance Minister Tengku Zafrul Aziz said that this grace period was given to buyers as there are some 264,000 bookings currently pending that automakers are unable to fulfill due to the ongoing global semiconductor shortage. "The extension of this vehicle registration period is a mid-point solution to balance the interests of consumers and national tax revenue which needs to be re-enhanced post-pandemic to ensure the welfare of the people and the economic well-being of the country continues to be preserved,” he added. As of now, and this has been the case since mid-2020 during the height of the COVID-19 pandemic and its resulting lockdowns, there has been a 100% SST exemption for new vehicles locally assembled in Malaysia while a 50% discount was applied for those sold here fully imported (CBU). It was a fairly successful move that, as intended, helped to bolster the automotive industry through a challenging period of financial uncertainty. However, it has been argued that such an additional incentive is needed to help that same industry (and the country’s economy as a whole) navigate past this recovery phase. ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan Malaysia SST CKD CBU Finance Ministry automotive industry Discount Exemption Cetak Jim Kem Content Producer There's just something about cars. It's a conveyance, it's a liability, it's a tool; but it can also be a source of joy, pride, inspiration and passion. It's much like clothes versus fashion. And like the latter, the pursuit of perfection never ends. Berita Berkaitan Q3 2020 Vehicle Sales In Malaysia: Small Wins In Recovery Berita Kereta Jim Kem | October 27, 2020 Since we can no longer observe the MAA data on new vehicles sales on monthly basis following the association’s move to quarterly updates, a more ... Zafrul: 4 Months Left For SST Discount, No More Extension Berita Kereta Jim Kem | February 28, 2022 Prospective car buyers in Malaysia have just four months remaining to take advantage of the ongoing SST exemption/discount for new vehicles, which ... Why CKD, Why CBU? Rencana Adam Aubrey | November 13, 2020 CKD cars, CBU cars. We discuss the differences and why they exist in the first place?If you're into cars or currently looking into purchasing one, ... MAA Appealing For SST Discount Extension To Cope With Chip Shortage Berita Kereta Jim Kem | March 28, 2022 The Malaysian Automotive Association (MAA) is calling for the SST discount between 50% and 100% to be extended past June 2022 (the 2-year mark).The ... Komen
NO SST Exemption Past June 30, 2022 But... Berita Kereta Jim Kem | June 20, 2022 03:33 PM No further SST exemptions but buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their vehicle with the Road Transport Department (JPJ). ‘Like for real for real’ - the Finance Ministry isn’t budging to demands to extend the SST exemption period any longer. However, there is a silver lining here. It was widely thought/hoped that a late announcement might have been made to reverse this deadline, but it seems that the ministry is firm in its decision to reintroduce full SST pricing for new vehicles. However, there is some good news here as it was also confirmed that buyers who have made their bookings during this ‘tax holiday’ period will have until March 31st, 2023 to register their vehicle with the Road Transport Department (JPJ). This allays fears that the SST exemption/discount would only apply to those that have (or will have) taken delivery of said vehicle before June 30th. Expect order books to be filled up pretty quickly in these last remaining days, so you better act quickly. Finance Minister Tengku Zafrul Aziz said that this grace period was given to buyers as there are some 264,000 bookings currently pending that automakers are unable to fulfill due to the ongoing global semiconductor shortage. "The extension of this vehicle registration period is a mid-point solution to balance the interests of consumers and national tax revenue which needs to be re-enhanced post-pandemic to ensure the welfare of the people and the economic well-being of the country continues to be preserved,” he added. As of now, and this has been the case since mid-2020 during the height of the COVID-19 pandemic and its resulting lockdowns, there has been a 100% SST exemption for new vehicles locally assembled in Malaysia while a 50% discount was applied for those sold here fully imported (CBU). It was a fairly successful move that, as intended, helped to bolster the automotive industry through a challenging period of financial uncertainty. However, it has been argued that such an additional incentive is needed to help that same industry (and the country’s economy as a whole) navigate past this recovery phase. ✕ Mari berhubung dengan Whatsapp Kami mematuhi Akta Pelindungan Data Peribadi untuk melindungi anda Saya bersetuju dengan Terma Penggunaan dan Polisi Privasi Carlist.my Saya bersetuju untuk menerima komunikasi yang diperibadikan daripada Carlist.my dan penjual kereta, ahli gabungan dan rakan kongsi perniagaannya. Lihat tawaran kereta terbaik! Prev Next Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. Tag Berkaitan Malaysia SST CKD CBU Finance Ministry automotive industry Discount Exemption
Tawaran istimewa - hubungi sekarang! Hari Jam Hrg. Psrn. Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik. I Kenapa tiada harga disenaraikan? Kadang-kadang, penjual ingin anda hubungi mereka untuk dapatkan harga yang terbaik.
Q3 2020 Vehicle Sales In Malaysia: Small Wins In Recovery Berita Kereta Jim Kem | October 27, 2020 Since we can no longer observe the MAA data on new vehicles sales on monthly basis following the association’s move to quarterly updates, a more ...
Zafrul: 4 Months Left For SST Discount, No More Extension Berita Kereta Jim Kem | February 28, 2022 Prospective car buyers in Malaysia have just four months remaining to take advantage of the ongoing SST exemption/discount for new vehicles, which ...
Why CKD, Why CBU? Rencana Adam Aubrey | November 13, 2020 CKD cars, CBU cars. We discuss the differences and why they exist in the first place?If you're into cars or currently looking into purchasing one, ...
MAA Appealing For SST Discount Extension To Cope With Chip Shortage Berita Kereta Jim Kem | March 28, 2022 The Malaysian Automotive Association (MAA) is calling for the SST discount between 50% and 100% to be extended past June 2022 (the 2-year mark).The ...