Malaysian motor vehicle import duties is an article describing the excise duty on imported vehicles into the country.
Video Malaysian motor vehicle import duties
Background
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. 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. 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 300% more than the original price.
Maps Malaysian motor vehicle import duties
Notation
- CBU = Complete built up
- CKD = Complete knock down
- MFN = Most favoured nation
Motor cars (station wagons, sports cars and racing cars)
Source: http://www.maa.org.my/info_duty.htm
Four-wheel-drive vehicles
Source: http://www.maa.org.my/info_duty.htm
Others (MPV & VAN)
Source: http://www.maa.org.my/info_duty.htm
Commercial vehicles
Source: http://www.maa.org.my/info_duty.htm
Motorcycles
Source: http://www.miti.gov.my/cms_matrix/content.jsp?id=com.tms.cms.article.Article_9971dce0-c0a81573-3edb3edb-686eb8ad
See also
- Automotive industry in Malaysia
References
Source of article : Wikipedia