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GST zero-rated: Perodua to offer GST rebate in cash for sales, service and parts between May 18 to May 31

GST zero-rated: Perodua to offer GST rebate in cash for sales, service and parts between May 18 to May 31

https://paultan.org/2018/05/18/gst-zero-rated-perodua-to-offer-gst-rebate-in-cash-for-sales-service-and-parts-between-may-18-to-may-31/

Perodua has announced that it will fully reimburse the goods and services tax (GST) to customers who purchase a new Perodua vehicle between May 18 and 31, ahead of the implementation of zero-rated GST on June 1. The automaker added that the GST-based rebate will also be applicable to those who service their Perodua vehicle or buy parts during that particular timeframe.

“Perodua will fully reimburse our valued customers the GST amount in cash upon registration or servicing of their vehicles as well as parts purchased,” Perodua Sales MD Datuk Dr Zahari Husin said.

“Starting from tomorrow, May 19, our customers will receive an instant 6% cash rebate for vehicles serviced. For our customers who have made transactions at any of our service centres today (May 18), we will reimburse you in the form of e-vouchers, which is valid on June 1 onwards,” he explained.

The company has also listed out the value of the GST-based rebate on all its vehicle models. In this case, the published GST rebate amounts are based on the vehicles’ nett selling price without GearUp accessories, insurance and other selling expenses.

As previously mentioned in earlier reports, the 6% GST is only applied on the selling price of a car (and in the case of CBU models, a Puspakom inspection fee), with road tax, registration fee as well as an ownership endorsement fee going on top of that – with no GST applied – to form an on-the-road (OTR) price without insurance.

Rebates start from RM1,345 for the Perodua Axia 1.0 Std E manual transmission, which means that the current OTR (without insurance) price of RM23,966 inclusive of GST for the model will now be RM22,621. The price drop goes all the way up to RM3,572 for the Alza 1.5 Advanced auto – priced before this at RM63,390 OTR without insurance, the car will go for RM59,818 with GST removed from the equation.

The post GST zero-rated: Perodua to offer GST rebate in cash for sales, service and parts between May 18 to May 31 appeared first on Paul Tan’s Automotive News.

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via Paul Tan’s Automotive News https://paultan.org

May 18, 2018 at 03:47PM
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