National carmaker Perodua has revealed updated prices of its car models following the implementation of zero-rated Goods and Services Tax (GST) from today, 1 June
The Sales and Services Tax (SST) will be re-introduced in September to make up for the shortfall in government revenue.
Consumers can now enjoy a short "tax holiday" before SST kicks in. Many are expecting prices of goods, specifically cars and smartphones to decline.
Perodua is one of the many companies looking to capitalise on this three-month period.
On average, Perodua said the vehicles are priced 5.6% lower than before
"As the government has announced that the sales and services tax (SST) will return in September, we encourage all Malaysians to capitalise on this three-month tax holiday," said Perodua Sales Sdn Bhd managing director Datuk Dr Zahari Husin as quoted by The Edge Markets.
With the zero-rated GST in place, Perodua noted that it will be putting an end to the GST reimbursement for purchase of its new vehicles or spare parts, as well as services at its centres, which was introduced on 18 May.
According to this table by automobile site Carlist.my, there are savings across the model line-up including the latest Myvi variants
The biggest difference is with the Alza 1.5 Advanced auto. Priced before this at RM63,389.45, the car will now go for RM58,817.78 with GST set at zero, making for a RM3,571.67 reduction.
Apart from zero GST, Perodua is also offering rebates of up RM800 for selected models and variants purchased in June