21 May '18, 12pm

GST zero-rated: Ford prices reduced by up to RM33k

Sime Darby Auto Connexion (SDAC) has released a new price list for Ford vehicles that will come into effect from June 1, when the goods and services tax (GST) will be rolled back to 0% from the current 6% . The effective removal of GST was announced by the new Pakatan Harapan government last week, fulfilling a major campaign promise. These new prices – which are on-the-road excluding insurance – will remain in effect until the sales and services tax (SST) comes back in to replace GST. The latest is that it will happen “in two, three months” time according to Tun Daim Zainuddin of the government’s Council of Eminent Persons. That’s a fairly large tax-free window of opportunity, should you want to take full advantage. Without GST, savings range from RM4,677 for the Ranger XL Standard to RM33,261 for the Mustang GT . There may be slight variations in the percentage of reducti...

Full article: https://paultan.org/2018/05/21/gst-zero-rated-ford-prices...

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