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Tag Archives: Excise Duty

Malaysia’s Car Taxation Scenario

Car Taxation

Let’s discuss this scenario. Last year, the fuel subsidy by the government amounted to ~ RM15 billion while the car excise duty collected is ~ RM 7 billion. Imagine this Scenario:- – Remove fuel subsidy and excise duty. Cheaper car but more expensive Fuel. The government will save money on fuel subsidy and we save money by getting cheaper cars. …

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