- Malaysia has gazetted an order providing sales tax exemption for specific taxpayers on vehicles.
- The order was published in the Malaysian Official Gazette on Nov. 2.
- It is known as Order No. P.U. (A) 332.
- The exemption applies to taxpayers such as motor vehicle franchisees and bus operators.
- The exemption will be applicable to specified vehicles.
- The order will come into effect on Dec. 1.
Source: news.bloombergtax.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.