PUTRAJAYA: The Plantation Industries and Commodities Ministry will re-appeal to the Finance Ministry on behalf of oil palm planters to consider abolishing the windfall tax introduced in July 2008 if crude palm oil (CPO) prices climb back to above RM2,000 per tonne.
However, it will not be able to ask the Government to refund the windfall tax collected from July to September last year as requested by oil palm planters following the sharp fall in CPO prices to RM1,800 per tonne currently.
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