RM325mil export duty exemption used by oil palm

“Among the benefits of this tax measure is that this will directly help smallholders ease selling of their produce to factories, ” Tengku Zafrul said in the 32nd Laksana report on the implementation of the Prihatin Rakyat Economic Stimulus Package, the National Economic Recovery Plan and the Kita Prihatin Economic Stimulus Package released yesterday.

PETALING JAYA: The value of export duty exemption that has been successfully utilised by the national oil palm industry amounted to RM325.2mil as at Nov 27,2020, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

“Among the benefits of this tax measure is that this will directly help smallholders ease selling of their produce to factories, ” Tengku Zafrul said in the 32nd Laksana report on the implementation of the Prihatin Rakyat Economic Stimulus Package, the National Economic Recovery Plan and the Kita Prihatin Economic Stimulus Package released yesterday.