Tax Incentive for Company Renting Non-Commercial Electric Vehicle

Updated on 15 July 2023- Dialogue between MOF, LHDNM, and CTIM [21/6/2023] Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position Companies renting non-commercial motor vehicles, including Electric […]
Extension of Import Duty and Excise Duty Exemption on Imported CBU Electric Vehicles

Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position Imported Completely Built-Up (CBU) Electric Vehicles (EV) consisting of passenger vehicles (including SUV and MPV), motorcycles and commercial vehicles […]