The Proton Vendor Association (PVA) and Kelab Vendor Perodua (KVP) have sent a joint memorandum and proposals to MITI for the need to have a single excise duty on vehicles classified as passenger cars, MPVs and Sport Utility Vehicles (SUV).
Under this proposal, PVA and KVP expect that the government could increase its income, make the work easier and will encourage MPV and SUV assemblers to increase their local content.
Besides urging the government to streamline the excise duty, these associations have also called the government to look on the following matters:
Under this proposal, PVA and KVP expect that the government could increase its income, make the work easier and will encourage MPV and SUV assemblers to increase their local content.
Besides urging the government to streamline the excise duty, these associations have also called the government to look on the following matters:
- Streamline the road taxes for diesel and petrol-powered cars as the prices for non-subsidized diesel and petrol are now almost the same.
- To waive import duties on raw material to produce motor vehicle parts and components in order to lower the prices of parts and components supplied to vehicle manufacturers and assemblers.
- To provide more incentives and other benefits for motor vehicle manufacturers who wish to set up their manufacturing plants in Malaysia. This move will promote the production of pick-ups, bigger capacity and luxury cars and hybrid and eco-friendly cars.
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