GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
主页 新闻 所有资讯 NO SST Exemption Past June 30, 2022 But... NO SST Exemption Past June 30, 2022 But... 所有资讯 Jim Kem | June 20日, 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. ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Malaysia SST CKD CBU Finance Ministry automotive industry Discount Exemption 打印 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. 相关文章 Q3 2020 Vehicle Sales In Malaysia: Small Wins In Recovery 所有资讯 Jim Kem | October 27日, 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 所有资讯 Jim Kem | February 28日, 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? 汽车专题 Adam Aubrey | November 13日, 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 所有资讯 Jim Kem | March 28日, 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 ... 留言
NO SST Exemption Past June 30, 2022 But... 所有资讯 Jim Kem | June 20日, 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. ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Malaysia SST CKD CBU Finance Ministry automotive industry Discount Exemption
Q3 2020 Vehicle Sales In Malaysia: Small Wins In Recovery 所有资讯 Jim Kem | October 27日, 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 所有资讯 Jim Kem | February 28日, 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? 汽车专题 Adam Aubrey | November 13日, 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 所有资讯 Jim Kem | March 28日, 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 ...