Imported fruits hit with 5% tax under new SST rules


KUALA LUMPUR: A 5% sales tax will be imposed on imported fruits under the expanded sales and service tax (SST) regime that takes effect July 1.

Locally grown fruits, however, are exempted from any sales tax.

This means strawberries originating from Cameron Highlands will not be taxed, while those imported from abroad will see a 5% sales tax.

A Finance Ministry spokesperson also told reporters that selected foods imported, such as rice, wheat, sugar, salt, and meat, are exempt because they are considered basic essentials.

Locally manufactured and imported palm oil for cooking oil is also exempted.

“Under the expanded SST, a 5% sales tax is levied on goods manufactured locally and on imports,” said the spokesperson.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SST , sales and service tax , fruits

Next In Business News

Emerging market bonds resilient
Fresh test for US bond market�
AI jitters grow, but spending rolls on
Keeping pace
Evolution of China’s expanding pet food sector
Banks in a battle�
Budget won’t shake market
India faces tough challenge to stem outflows
Water is a Saudi tycoon’s best friend
Grid charges temper RE euphoria

Others Also Read