Will The SST Exemption Extended, Or Will It Remain?
According to The Star, the government may extend the sales tax exemption (SST) for new vehicles to help the automotive industry.
“The government is currently considering the proposal to extend the SST exemption, and a decision will be announced soon,” Datuk Seri Wee Ka Siong, the transport minister said in a recorded statement at the Federation of Motor and Credit Companies Associations of Malaysia (FMCCAM) annual general meeting.
The Malaysian Automobile Association (MAA) has also been steadfast in its requests to the Finance Ministry to extend the SST exemption period; a response from the MOF is still pending.
The SST exemption scheme, which was first introduced as part of the Penjana stimulus package, has already been extended three times, with the most recent one set to expire at the end of June 2022.
“We welcome initiatives that will help economic recovery, and we will look into the matter to see if the Transport Ministry can help facilitate this proposal.“ Wee added.
Will the SST exemption be extended, or will it remain?
Stay tuned to Caricarz for further updates!
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Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
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KUALA LUMPUR
VQW4125
SELANGOR
BSP6302
JOHOR
JYV8514
PULAU PINANG
PSB8651
PERAK
APH1767
PAHANG
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KEDAH
KGF6409
NEGERI SEMBILAN
NEK2944
KOTA KINABALU
SJR6942
KUCHING
QAB6991N
Last updated 05 May, 2026
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EURO 5 B10
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+2.08
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Last updated 30 Apr, 2026
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