Budget 2022: EV gets boost from exemption of various taxes


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KUALA LUMPUR: The government has decided to give full exemption of import duty, excise duty, as well as sales tax for electric vehicles (EVs) as it seeks to support the local EV industry.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, in his Budget 2022 presentation in Parliament, said a 100% road tax exemption will also be given to EVs.

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Tengku Zafrul , electric vehicles , EV , sales tax

   

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