Finance minister says SST exemption for vehicles only until June 30, no more extension

KUALA LUMPUR, June 20 — The federal government will not be extending the sales and service tax exemption for the purchase of new vehicles past June 30.

“The extension of the vehicle registration period is a midpoint solution to balance the interests of consumers and national tax revenue that needs to be increased post-pandemic to ensure the welfare of the people and the country's economic well-being continue to be preserved,” he added. It was originally supposed to end on December 31, 2020 but an extension was granted until end of this month.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vehicle sales tax exemption ends June 30, says Finance MinistryPETALING JAYA: The vehicle sales tax exemption will end on June 30 as planned, says Finance Minister Tengku Datuk Seri Zafrul Aziz.
Source: staronline - 🏆 4. / 75 Read more »