|
|
Article: `Cut import duty on hybrid cars'
- Article from:
- New Straits Times
- Article date:
- August 28, 2008
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
Zuraimi Abdullah
New Straits Times
08-28-2008
`Cut import duty on hybrid cars'
Byline: Zuraimi Abdullah
Edition: Main/Lifestyle
Section: Business Times
Type: News
LOCAL car distributors and importers want the government to halve the import duty on hybrid cars and give other incentives to help spur the use of fuel-efficient vehicles here.
Hybrid cars are now slapped with a hefty 260 per cent import tax, as opposed to zero import duty for Asean-made vehicles and 30 per cent from non-Asean countries. There are also excise duties of 60- 105 per cent for Asean and non-Asean cars, plus a 10 per cent sales tax.
"The automotive industry has requested for a 50 per cent rebate on import duty, excise ...