MAA: Please extend the SST exemption by another 6 more months

Eric · Jul 23, 2021 10:11 AM

MAA: Please extend the SST exemption by another 6 more months 01

The Malaysian Automotive Association (MAA) has requested for the ongoing SST exemption to be extended by another six months, which is currently set to expire on 31-December 2021. 

MAA: Please extend the SST exemption by another 6 more months 02

For context, the Government made a surprise announcement back in December 2020, announcing that the SST exemption was to be extended to June 2021, a six-month extension from its original December 2020 deadline.

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Also Read: Surprise U-turn sees government extending sales tax (SST) exemption/discount to June 2021

MAA: Please extend the SST exemption by another 6 more months 01

Currently, the SST exemption applies to locally-assembled (CKD, 100% exemption) and imported (CBU, 50% exemption) passenger cars. Sorry, but if you’re shopping for a brand-new pick-up truck, the SST exemption does not apply.

Also Read: What are the SST-exempt, CKD cars you can buy in Malaysia in 2021?

MAA: Please extend the SST exemption by another 6 more months 02

As reported by Pandulaju, MAA’s president Datuk Aishah Ahmad suggested the SST exemption based on the current situation.

MAA: Please extend the SST exemption by another 6 more months 03

MAA made this request after the Government deployed the Full Movement Control Order (FMCO) back in June and the National Recovery Plan Phase 1 (NRP), forcing much of the automotive industry to temporarily close down.

The prolonged lockdown has hurt the automotive industry as a whole, causing a loss in revenue for many car dealerships, with some forced to close their business if the lockdown continues.

Also Read: MAA: Even big dealerships will close by Oct if closure continues

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Eric

Editor

Started from the IT industry but somehow managed to find his way into the automotive industry. If he’s not gaming, he’s constantly tinkering with his daily/weekend car.

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