- Import duty and sales tax exemption will be granted to eligible manufacturers
- Exemption applies to importation and local purchase of manufacturing aids
- Eligibility is based on predetermined industry type and category of goods
- Effective from 1 January 2024
Source: www2.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Malaysia"
- Malaysia Enacts 2025 Anti-Dumping Duties on Polyethylene Terephthalate and Tinplate Imports
- New Service Tax Guides Released for Credit Cards and Insurance Services Effective July 2025
- Updated Service Tax Guide Clarifies Logistic Services, Enhances Compliance and Practical Application
- Malaysia Amends Sales Tax Exemption for Cross-Border Vehicles, Effective September 1, 2025
- Malaysia’s 2025 SST Reform: Expanded Scope, Higher Sales Tax and e-Invoicing Implications
