Update: The SST discount/exemption period has been further extended. The story has been updated accordingly.
The Sales and Service Tax (SST) exemption/discount for new cars has been extended to 31-December 2021. This means buyers of locally-assembled (CKD) cars will be exempted from paying the 10 percent sales tax upon purchase. However, do note that other taxes like excise and import duties still apply.
Also read: SST exemption/discount for CKD and CBU cars extended to 31-Dec 2021
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That said, the SST exemption does not apply to vehicles like commercial vans and pick-up trucks as those already have excise duty relief.
If you'd like to take advantage of the SST exemption for CKD vehicles, here's a list for your reference.
Quick access to CKD cars model page
BMW
Haval
Honda
Hyundai
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.
With humble beginnings collecting diecast models and spending hours virtually tuning dream cars on the computer, his love of cars has delightfully transformed into a career. Sanjay enjoys how the same passion for cars transcends boundaries and brings people together.
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