Malaysian motor vehicle import duties
Malaysian motor vehicle import duties is an article describing the excise duty on imported vehicles into the country.[1]
Background
[edit]Malaysia's car industry is dominated by two local manufacturers which are heavily supported by the government through National Car Policy e.g. trade barriers. These local manufacturers are Proton and Perodua.[2] These excise duties imposed on foreign manufactured cars have made them very expensive for consumers in Malaysia. These taxes are also one of the highest in the world.[3] This makes most foreign cars extremely expensive for buyers, although cheaper in other countries. These taxes cause a foreign car to cost almost three times or 200% more than the original price.
Notation
[edit]- CBU = Complete built up
- CKD = Complete knock down
- MFN = Most favoured nation
- ASEAN CEPT = Association of Southeast Asian Nations Common Effective Preferential Tariff[4]
Passenger cars (including station wagons, sports cars and racing cars)
[edit]| Import duty | Local taxes | |||||
|---|---|---|---|---|---|---|
| CBU | CKD | CBU & CKD | ||||
| Engine Capacity (cc) |
MFN | ASEAN CEPT |
MFN | ASEAN CEPT |
Excise Duties |
Sales Tax |
| < 1,800 | 30% | 0% | 10% | 0% | 75% | 10% |
| 1,800 - 1,999 | 30% | 0% | 10% | 0% | 80% | 10% |
| 2,000 - 2,499 | 30% | 0% | 10% | 0% | 90% | 10% |
| Above 2,500 | 30% | 0% | 10% | 0% | 105% | 10% |
Source: http://maa.org.my/pdf/malaysia_duties_taxes_on_motor_vehicles.pdf
Four-wheel-drive vehicles
[edit]| Import duty | Local taxes | |||||
|---|---|---|---|---|---|---|
| CBU | CKD | CBU & CKD | ||||
| Engine Capacity (cc) |
MFN | ASEAN CEPT |
MFN | ASEAN CEPT |
Excise Duties |
Sales Tax |
| < 1,800 | 30% | 0% | 10% | 0% | 65% | 10% |
| 1,800 - 1,999 | 30% | 0% | 10% | 0% | 75% | 10% |
| 2,000 - 2,499 | 30% | 0% | 10% | 0% | 90% | 10% |
| Above 2,500 | 30% | 0% | 10% | 0% | 105% | 10% |
Source: http://maa.org.my/pdf/malaysia_duties_taxes_on_motor_vehicles.pdf
Others (MPV & VAN)
[edit]| Import duty | Local taxes | |||||
|---|---|---|---|---|---|---|
| CBU | CKD | CBU & CKD | ||||
| Engine Capacity (cc) |
MFN | ASEAN CEPT |
MFN | ASEAN CEPT |
Excise Duties |
Sales Tax |
| < 1,500 | 30% | 0% | nil | 0% | 60% | 10% |
| 1,500 - 1,799 | 30% | 0% | 10% | 0% | 65% | 10% |
| 1,800 - 1,999 | 30% | 0% | 10% | 0% | 75% | 10% |
| 2,000 - 2,499 | 30% | 0% | 10% | 0% | 90% | 10% |
| Above 2,500 | 30% | 0% | 10% | 0% | 105% | 10% |
Source: http://maa.org.my/pdf/malaysia_duties_taxes_on_motor_vehicles.pdf
Commercial vehicles
[edit]| Import duty | Local taxes | |||||
|---|---|---|---|---|---|---|
| CBU | CKD | CBU & CKD | ||||
| Class | MFN | ASEAN CEPT |
MFN | ASEAN CEPT |
Excise Duties |
Sales Tax |
| All | 30% | 0% | nil | 0% | nil | 10% |
Source: http://maa.org.my/pdf/malaysia_duties_taxes_on_motor_vehicles.pdf
Motorcycles
[edit]| Import duty | Excise Duties | Sales Tax | |||||
|---|---|---|---|---|---|---|---|
| CBU | CKD | CBU&CKD | CBU | CKD | |||
| Engine Capacity (cc) |
MFN | ASEAN CEPT |
MFN | ASEAN CEPT |
All | All | All |
| <151 | 30% | 5% | 0% | 0% | 20% | 0% | 0% |
| 151 - 200 | 30% | 5% | 0% | 0% | 30% | 0% | 0% |
| 201 - 250 | 30% | 5% | 5% | 0% | 30% | 0% | 0% |
| 251 - 500 | 30% | 5% | 5% | 0% | 30% | 10% | 0% |
| Above 500 | 30% | 5% | 10% | 0% | 30% | 10% | 0% |
Source: http://maa.org.my/pdf/malaysia_duties_taxes_on_motor_vehicles.pdf
See also
[edit]References
[edit]- ^ "Malaysia Automotive Association". www.maa.org.my. Archived from the original on 2006-04-14.
- ^ "Malaysia Market Summary". Archived from the original on 20 August 2010. Retrieved 20 October 2010.
- ^ "Update - MITI: Govt import duty not to blame for expensive cars". Archived from the original on 14 March 2012. Retrieved 20 October 2010.
- ^ "Questions and Answers on the CEPT".