KUCHING: Oil palm plantation owners are appealing to the state government to review the state sales tax because it is burning a hole in their pockets due to the rising cost of production and soft crude palm oil (CPO) prices internationally.
They hope to be exempted from sales tax when the CPO prices are below RM2,400 metric tonne (MT), to pay 2.5% of the sales tax when CPO prices are between RM2,401 MT to RM2,800 MT and the full 5% sales tax when prices exceed RM2,800 MT.
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