{"id":25346,"date":"2020-12-29T23:07:26","date_gmt":"2020-12-29T15:07:26","guid":{"rendered":"https:\/\/www.everydayonsales.com\/news\/?p=25346"},"modified":"2020-12-29T23:07:26","modified_gmt":"2020-12-29T15:07:26","slug":"sales-tax-exemption-for-new-cars-is-extended-for-another-6-months","status":"publish","type":"post","link":"https:\/\/www.everydayonsales.com\/news\/sales-tax-exemption-for-new-cars-is-extended-for-another-6-months\/","title":{"rendered":"Sales tax exemption for new cars is extended for another 6 months!"},"content":{"rendered":"<p><a href=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months.jpg\" data-rel=\"penci-gallery-image-content\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25350\" src=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months.jpg\" alt=\"\" width=\"1200\" height=\"630\" srcset=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months.jpg 1200w, \/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months-300x158.jpg 300w, \/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months-1024x538.jpg 1024w, \/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months-768x403.jpg 768w, \/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months-1170x614.jpg 1170w, \/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months-585x307.jpg 585w, \/wp-content\/uploads\/sites\/5\/2020\/12\/for-another-6-months-560x294.jpg 560w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p>Sales tax exemption for new cars is extended for another 6 months!<\/p>\n<p><a href=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017.jpg\" data-rel=\"penci-gallery-image-content\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25351\" src=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017.jpg\" alt=\"\" width=\"1200\" height=\"800\" srcset=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017.jpg 1200w, \/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017-300x200.jpg 300w, \/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017-1024x683.jpg 1024w, \/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017-768x512.jpg 768w, \/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017-1170x780.jpg 1170w, \/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017-585x390.jpg 585w, \/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017-263x175.jpg 263w, \/wp-content\/uploads\/sites\/5\/2020\/12\/https___s3-ap-northeast-1.amazonaws.com_psh-ex-ftnikkei-3937bb4_images_3_3_1_3_12563133-3-eng-GB_20180203N-Thai-motor-show-in-Nov-2017-560x373.jpg 560w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p><span>The sales tax exemption for new cars will be extended for another six months to June 30, 2021. <\/span><span>According to automotive media Paultan.org, the government extended the sales tax exemption for new cars until June 30, 2021. The Ministry of Finance of Malaysia has sent a memorandum to the Malaysian Automobile Dealers Association (MAA) and the Malay Automobile Trade and Importers Association (PEKEMA).<\/span><\/p>\n<p><a href=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2.jpg\" data-rel=\"penci-gallery-image-content\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25349\" src=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2.jpg\" alt=\"\" width=\"1200\" height=\"684\" srcset=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2.jpg 1200w, \/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2-300x171.jpg 300w, \/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2-1024x584.jpg 1024w, \/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2-768x438.jpg 768w, \/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2-1170x667.jpg 1170w, \/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2-585x333.jpg 585w, \/wp-content\/uploads\/sites\/5\/2020\/12\/car-sales-tax-exemption-2-560x319.jpg 560w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<p><span>In order to stimulate the domestic automobile consumer market, the government announced at the beginning of the year that locally assembled vehicles (CKD) would be exempted from 100% sales tax, and imported vehicles (CBU) would be exempt from 50% sales tax.\u00a0This measure will be officially implemented on June 15, 2020, and will end on December 31, 2020.<\/span><\/p>\n<p><span>The government originally announced that it would not extend the car sales tax exemption until 2021, but now the government has once again turned U and allowed new cars to be exempt from sales tax until June 30, 2021. <\/span><span>This means that Malaysia can still enjoy 100% sales tax exemption for locally assembled vehicles (CKD) and 50% sales tax exemption for imported cars (CBU) for new cars purchased before June 30, 2021.<\/span><\/p>\n<p><span>If you are planning to buy a new car, then you have more time to achieve this goal without the sales tax exemption.<\/span><\/p>\n<p><a href=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/215_3.jpg\" data-rel=\"penci-gallery-image-content\" ><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-25348\" src=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/215_3.jpg\" alt=\"\" width=\"1200\" height=\"900\" srcset=\"\/wp-content\/uploads\/sites\/5\/2020\/12\/215_3.jpg 1200w, \/wp-content\/uploads\/sites\/5\/2020\/12\/215_3-300x225.jpg 300w, \/wp-content\/uploads\/sites\/5\/2020\/12\/215_3-1024x768.jpg 1024w, \/wp-content\/uploads\/sites\/5\/2020\/12\/215_3-768x576.jpg 768w, \/wp-content\/uploads\/sites\/5\/2020\/12\/215_3-1170x878.jpg 1170w, \/wp-content\/uploads\/sites\/5\/2020\/12\/215_3-585x439.jpg 585w, \/wp-content\/uploads\/sites\/5\/2020\/12\/215_3-560x420.jpg 560w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sales tax exemption for new cars is extended for another 6 months! The sales&hellip;<\/p>\n","protected":false},"author":32,"featured_media":25350,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[89],"tags":[3059,3060],"class_list":["post-25346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-car-sales","tag-car-tax"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sales tax exemption for new cars is extended for another 6 months! - EverydayOnSales.com News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.everydayonsales.com\/news\/sales-tax-exemption-for-new-cars-is-extended-for-another-6-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sales tax exemption for new cars is extended for another 6 months! - EverydayOnSales.com News\" \/>\n<meta property=\"og:description\" content=\"Sales tax exemption for new cars is extended for another 6 months! 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