However, buyers who booked their vehicles during the tax holiday period have until March 31, 2023, to register their vehicles with the Road Transport Department .
He said this is because 264,000 units of vehicles booked during this sales tax exemption period have not yet completed installation and cannot be supplied to the buyer, owing to a worldwide microchip shortage. "The extension of this vehicle registration period is a mid-point solution to balance the interests of consumers and national tax revenue which needs to be re-enhanced post-pandemic to ensure the welfare of the people and the economic well-being of the country continues to be preserved," said Tengku Zafrul in a statement on Monday .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: