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News

Prices of 150cc & under CKD motorcycles to drop in Malaysia starting April 1st with the 100% tax excise duty exemption?

Prices of 150cc & under CKD motorcycles to drop in Malaysia starting April 1st with the 100% tax excise duty exemption?
Sathurshan
March 19, 2021

Locally assembled motorcycles with an engine capacity of 150cc and below get a 100% tax excise duty exemption from 1st April – 31st December 2021! Here are the details!

Planning on buying a locally assembled motorcycle with an engine capacity of 150cc and below?  Well, folks here is the good news! Prime Minister, Tan Sir  Muhidyinn recently announced that locally-assembled (CKD/ Completely Knocked Down) motorcycles with an engine capacity of 150cc and below get a 100% tax excise duty exemption from 1st April 2021 – 31st December 2021!   The announcement of the tax exemption was made on the 17th of March 2021 together with the announcement of PMERKASA [Strategic Program to Empower the People and the Economy]. Besides the announcement, more in-depth details on the tax excise duty exemption haven’t been released yet.

 

With the 100% tax excise duty exemption the prices of 150cc and sub-150cc CKD motorcycles are expected to drop. So if you are looking to buy a locally assembled motorcycle with an engine capacity of 150cc and below, this might be a piece of good news for you. Take note and be sure to follow up with us for more details!

Trending: 

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Source:  Bernama, The Star
Related Items150cc tax excise duty exemptionexcise duty exemptionfeaturedmalaysiatax excise duty exemptiontax excise duty exemption Malaysia
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News
March 19, 2021
Sathurshan

A Mechanical Engineer with an addiction to the smell of petrol and loves anything automotive.

Related Items150cc tax excise duty exemptionexcise duty exemptionfeaturedmalaysiatax excise duty exemptiontax excise duty exemption Malaysia

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  • Colin says:

    I hope they make the Dax street legal. Love to…

  • Mohd Razi bin Rosli says:

    Adv 150cc

  • Nena Maxberry says:

    Just curious what they would retail for

  • Adam Kenny says:

    RM4159 for the front fork is it?

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