Buyers of Proton cars to enjoy zero-rated GST prices


IDEAS economist Adli Amirullah said on Tuesday the future of automotive policy still remains uncertain.

KUALA LUMPUR: Buyers of Proton car will enjoy lower post zero-rated Goods and Services Tax (GST) pricing with immediate effect despite the tax re-rating only only due for implementation on June 1, 2018.

Perusahaan Otomobil Nasional Bhd (Proton) said although sticker prices would remain the same until the date GST gets zero-rated.  

“All customers would be offered the choice between an instant cash rebate for cars registered from May 16-31 or service vouchers equivalent in value to the difference between the current and new price of the car, effective June.

“The zero-rated GST offer is also extended to car servicing at all authorised Proton Service Centres where a six per cent discount (for labour and periodical maintenance parts only) is being offered to owners who send in their cars for periodical maintenance,” Proton said in a statement today.

The national car maker also said its customers received exciting sales initiatives this month which made it even easier to own a Proton. - Bernama

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read