MM2H Centre Closes on 2nd – 3rd February 2015
Kindly be informed MM2H Centre will be closed on 2nd – 3rd February 2015 in conjunction with Federal Territory Day
Imposition of the Goods and Services Tax (GST) Effective 1 April, 2015
Currently, MM2H participant may purchase one new car made or assembled in Malaysia which is exempted from excise duty and sales tax OR import one car which belongs to him/her from country of citizenship or where he/she last domiciled, which is also exempted from import duty, excise duty and sales tax for bringing in it into Malaysia for his/her personal use.
On 1st April, 2015, the Government of Malaysia will start to impose the Goods and Services Tax (GST) in Malaysia. As of now, the Ministry of Tourism and Culture Malaysia has not received an official notification from the Ministry of Finance (MOF) to give any tax exemption to MM2H participants when they:
a) Purchase a new car made or assembled in Malaysia; or
b) Import a car which belongs to the participant in his/her country of citizenship or where he/she last domiciled.
Therefore any car which is purchased in or imported into Malaysia on or after 1st April, 2015 is subject to GST unless it is given exemption by MOF.
Thank You and Happy New Year. Malaysia My Second Home (MM2H) Centre MALAYSIA