Face masks exempted from import duty, sales tax


  • Commodities
  • Monday, 23 Mar 2020

The ceiling price for a three-ply face mask was set at RM2 a piece from 80 sen previously. Senior minister Datuk Seri Ismail Sabri Yaakob was quoted as saying that the Prime Minister did not agree with the new price.

KUALA LUMPUR: Face masks produced by registered manufacturers will be exempted for sales tax by Royal Malaysian Customs Department effective Monday in a new effort by the government to lower the price of the product. Imports will also be exempted from duty.

The exemptions, the Customs said in a statement yesterday, will be effective from March 23 until a new date to be decided by the Finance Ministry after the Covid-19 pandemic is declared over by the government.

The move came after reports of severe shortages of the protective gear in the market, with many retailers and pharmacies reporting that they are out or running low on stocks.

The ceiling price for a three-ply face mask was set at RM2 a piece from 80 sen previously.

Senior minister Datuk Seri Ismail Sabri Yaakob was quoted as saying that the Prime Minister did not agree with the new price.

“There is no reason for a price increase. This is because the government had agreed to remove the duty import on face masks, and we hope the price can be further reduced, ” said Ismail in a live televised conference yesterday.

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face masks , manufacturers , exempted , sales tax

   

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