MBAM APPEAL FOR EXEMPTION ON SALES AND SERVICE TAX “SST” ON “PRESTRESSING” MATERIALS USES IN THE CONSTRUCTION INDUSTRY
We would like to update MBAM members on the status of MBAM’s appeal to Royal Malaysian Customs Department (RMCD) for an exemption on Sales and Service Tax “SST” on “Prestressing” materials use in the construction industry.
We are pleased to inform members that we have received a notification dated 18th January 2019 from RMCD that they have considered our appeal and with effective from 1st January 2019, “Prestressing” HS Code 7312.10.91 00 is now reduced to 5% duty from 10%.
For any clarifications, please do not hesitate to contact: General Manager, Mr Michael Thong or Senior Assistant Manager Mr. Leon Leong at ‘ 03 – 7984 8636.