KUALA LUMPUR: The import licence or approved permit (AP) system for motor vehicles must be maintaned so that priority is given to the local industry i...
: The import licence or approved permit system for motor vehicles must be maintaned so that priority is given to the local industry in ensuring an inclusive automotive industry development in line with the aspirations of the National Automotive Policy 2020.
Hence, he said the move to issue AP on CBU import is still relevant and must be maintained due to additional justifications, he said during the Ministers’ Question Time session in the Dewan Rakyat today. It will also ensure that imported new or used CBU always comply with the requirements set by the Ministry of Investment, Trade and Industry .
Tengku Zafrul expained that, as announced in Budget 2023, the excise duty and import tax exemptions provided by the government applies to all types of EVs including commercial vehicles and motorcycles.
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