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Malaysia

MAA: OMV excise duty revision in Malaysia deferred to 2026; CKD car prices to increase 10-30%

Jan 27, 2025

Reported on January 21, 2025, the Malaysian Automotive Association (MAA) president has confirmed another deferment of the implementation of the Excise (Determination of Value of Locally Manufactured Goods for the Purpose of Levying Excise Duty) Regulations 2019.
The OMV (open market value) excise duty revision has no....

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