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Malaysia excise duty regulations on OMV to remain unchanged, no increase in CKD car prices entering 2021

Reported on December 28, 2020, in early 2020, it was reported that new excise duty regulations put forth by the Malaysia customs department would result in the prices of locally-assembled (CKD) cars going up by as much as 20%. However, Malaysian Automotive Association (MAA) president confirmed that is no longer the c....

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