Petronas to drop appeal, settle tax dispute with Sarawak out of court


PUTRAJAYA: The Sarawak government and Petronas will settle their dispute over a RM2bil state sales tax (SST) out of court, with the latter expected to withdraw its appeal at the Court of Appeal.

In a proceeding at the appellate court on Tuesday (June 23), lawyer Datuk Malik Imtiaz Sarwar, representing the national oil and gas giant, informed a three-man bench that Petronas was applying for a postponement based on a letter that was addressed to the court on Monday.

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Petronas , Sales tax , Court of Appeal , Settlement

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