Will The SST Exemption Extended, Or Will It Remain?
According to The Star, the government may extend the sales tax exemption (SST) for new vehicles to help the automotive industry.
“The government is currently considering the proposal to extend the SST exemption, and a decision will be announced soon,” Datuk Seri Wee Ka Siong, the transport minister said in a recorded statement at the Federation of Motor and Credit Companies Associations of Malaysia (FMCCAM) annual general meeting.
The Malaysian Automobile Association (MAA) has also been steadfast in its requests to the Finance Ministry to extend the SST exemption period; a response from the MOF is still pending.
The SST exemption scheme, which was first introduced as part of the Penjana stimulus package, has already been extended three times, with the most recent one set to expire at the end of June 2022.
“We welcome initiatives that will help economic recovery, and we will look into the matter to see if the Transport Ministry can help facilitate this proposal.“ Wee added.
Will the SST exemption be extended, or will it remain?
Stay tuned to Caricarz for further updates!
Gallery
Tagged:
Written By
Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VRF9541
SELANGOR
BSR5747
JOHOR
JA2203J
PULAU PINANG
PSD7450
PERAK
APJ8023
PAHANG
CFH1520
KEDAH
KGH637
NEGERI SEMBILAN
NEK9073
KOTA KINABALU
SJT671
KUCHING
QAB1917P
Last updated 15 Jul, 2026
Fuel Price
Petrol
RON 95
RM 3.97
+1.38
RON 97
RM 4.90
+1.75
RON 100
RM 7.20
+2.20
VPR
RM 8.23
+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
Related News
No Reservations And Transfers Allowed For Cars Booked Before June 30
Most major car companies won't accept requests to change reservations made before the June 30 sales tax exemption deadline.
12-07-2022
Due To The SST Exemption, Car Bookings Will Increase, Followed By Cancellations The Following Year
The government has refused to extend the tax holiday, but it has decided to postpone the expiry date for vehicle registrations until March 31, 2023, giving automakers enough time to fulfil the onslaught of orders.
24-06-2022
Government Announces No SST Extension
Ministry of Finance (MOF) SST exemption for passenger cars in Malaysia will end by June 30 this year which has been changed thrice since Dec 31, 2020.
20-06-2022
SST Vs GST – Which Tax Will Result In Lower Car Prices?
The Sales and Services Tax (SST) is about to be over and the Goods and Services Tax (GST) will be back!
08-06-2022
The Continuation of SST Exemption & Its Effect on The Economy - What Do Economists Say? Here's Their Answer!
Exclusive story: The Continuation of SST Exemption & Its Effect on The Economy
25-04-2022
Latest News
7 Countries With Pricier Petrol Than Malaysia (Even Oil-Rich Ones!)
Why is Malaysia's RON95 petrol price locked at RM1.99 while global rates soar? See the global price comparison and how the BUDI MADANI subsidy protects your wallet.
14-07-2026
Market Report: Malaysia's Auto Sector Is Defying All Expectations
Malaysia’s auto sector is defying expectations in 2026! Discover why vehicle registrations are nearing record highs based on JPJ data, how EV sales surged 85%, and what the new policy changes mean for you.
14-07-2026
Zeekr Is Taking Over: Malaysia’s No. 1 Premium EV Brand Is Opening 7 More Outlets Soon
Zeekr Malaysia is expanding! With 11 outlets now open and 18 planned by end-2026, the No. 1 premium EV brand is making it easier than ever to own a Zeekr.
14-07-2026
Sri Petaling’s New BYD Outlet Is A Game Changer—And It’s Getting A 'Stadium' Makeover Soon
Explore the new BYD Sri Petaling showroom—a game-changing EV hub in KL. Get the scoop on the upcoming 'stadium' delivery experience and win a RM39,900 motorcycle!
13-07-2026
RXZ Tragedy At Jabor: A Fatal Wake-Up Call For Malaysia's Convoy Culture
The fatal RXZ convoy crash near Jabor has left many in shock. We look at the details behind the accident and the growing concerns over convoy road safety.
12-07-2026
No Helmet, No Exceptions: JPJ Confirms Summonses For Viral Campaign Convoy Riders
JPJ confirms summonses for helmetless riders in viral campaign convoys. Minister Anthony Loke emphasizes that safety laws apply to everyone, regardless
10-07-2026
No License, No Insurance, And Ketum: The Reality Behind JPJ’s Roadblock Crackdown
Over 91,000 vehicles inspected. More than 42,000 notices issued. These aren't just figures on a report, they represent a massive, ongoing shift in how authorities are policing our roads.
10-07-2026
Hybrid, Petrol, Or EV? Toyota’s Latest Sales Figures Prove Malaysians Love Having Options
UMW Toyota reports 36,200 units sold in 1H 2026. Discover how Toyota's "Multi-Pathway" strategy—from petrol and hybrids to EVs—is winning over Malaysian drivers.
10-07-2026
Show More
trending_flat