PETALING JAYA: Animal feed and raw soybeans are now exempt from Sales Tax, says the Finance Ministry.
"As a measure to ensure the stability of prices for essential goods, basic food items such as chicken, eggs and meat have been exempted from Sales Tax. Additionally, animal feed, including raw soybeans, which are a key component in the production of animal feed, has also been exempted from Sales Tax. This decision was made based on industry feedback that soybeans are a primary input in the production of animal feed," it said in a statement on Friday (Sept 12).
