Beginning from 15th June to 31st December 2020, all new car buyers will be exempted from paying sales tax. CKD (locally assembled) passenger cars will see a cut of 100 percent. If you want to take advantage of the tax cut, here’s a list of cars assembled in Malaysia for your reference.
Note that the sales tax makes up 10 percent, other taxes like excise duty and import duty still applies.
BMW
Haval
Honda
Hyundai
Isuzu
Mazda
Mercedes-Benz
Mitsubishi
Nissan
Perodua
Peugeot
Proton
Renault
Subaru
Toyota
Volkswagen
Volvo
To recap, the government will cut 100 percent sales tax from locally assembled cars while imported cars (CBU) will see a cut of 50 percent.
Jerrica
Writer
There isn’t a time in memory that doesn’t involve staring at cars. After discovering the excitement of watching Schumacher vs Hakkinen, Formula 1 became a major part of life. The love for cars and F1 ultimately led to a job with CAR Magazine. The untimely death of the magazine meant a hiatus from cars at lifestyle women’s magazine Marie Claire before another opportunity came knocking again.
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