Paul Tan27d
OMV excise duty revisions to take effect soon – CKD car prices in Malaysia to go up by 8% to 20% in 2025?
Said regulations stipulated a new methodology of calculating a CKD vehicle’s open market value (OMV), which influences how much tax is to be paid and therefore, its selling price. OMV is defined ...
Paul Tan27d
Targeted RON95 subsidy, OMV revisions to lower vehicle sales in Malaysia next year – analysts
However, analysts expect TIV to decline next year due in part to targeted RON 95 petrol subsidies and open market value (OMV) revisions, The Star reports, with CIMB Securities predicting 755,000 ...