Perodua dealers and vendors laud SST

By CARSIFU | 9 October 2018


PETALING JAYA: The Perodua Dealers Association (PDA) and Kelab Vendor Perodua (KVP), or the Perodua Vendors’ Club, welcomes the new Sales and Service Tax (SST) structure as it managed to help reduce the prices of Perodua vehicles.

The SST structure, which imposes a tax of 10% for sales and 6% for services, is only applied once at the beginning of the business value chain.

“Thank you very much to the government for engaging and explaining to the industry players how this new tax structure is implemented. Based on this new tax structure, the overall costs of Perodua vehicles was able to be brought down between 1% and 3% (compared with prices under 6% GST),” said KVP President Musa Zahidin Tan Sri Ahmad Zaidee.

Perodua announced that the prices of its vehicles will be reduced by between 1% and 3% for most of its models compared with the price list under the previous 6% Goods and Service Tax (GST) era.

According to the Malaysian Automotive Association (MAA), Perodua sold 140,900 units between January and July 2018, which is an increase of about 18.8% from 118,600 vehicles in the same period last year.

Musa hoped that the government would continue to engage the Malaysian automotive ecosystem stakeholders, ranging from the auto vendors and original equipment manufacturers to the dealers, on future policies.

 

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