03 Jul Sales Tax Exemption on Raw Materials/Components/Machinery/Equipment-MIDA
Effective 1 April 2019, eligible companies in the agriculture, selected services and selected manufacturing sectors located in Principal Customs Area can apply for sales tax exemption on raw materials / components / machinery / equipment under Section 35(3) Sales Tax Act 2018 as follows:-
Sales tax exemption on equipment / machinery for selected services sector through PCServices:-
i.Research and Development (R&D)
ii.Private Institutes of Higher Education
iii.Private Institutes of Higher Education (Sciences, Technical or Vocational)
iv.Tourism Projects (without accommodation)
Sales tax exemption on raw materials / components for selected industries in the manufacturing sector with nil sales tax finished good through PC2:-
i.Aerospace / aircraft industry
ii.Machinery & equipment industry
iii.Petroleum products used as raw materials for industries other than oil refinery
iv.Motorcycle assembly industry
Company with existing approved import duty exemption in which the exemption period is still validmay manually submit application to Tariff Section, MIDA for sales tax exemption. Submission should include the following documents:
-Company’s cover letter
-Copy of import duty exemption approval.
Meanwhile, for new / extension / additional quantity application, company may apply for import duty and sales tax exemption online via https://jpc.online.mida.gov.my/midawebpki/
Application should be submitted to MIDA starting 1 April 2019.
For further information and clarification, please contact;
Tariff Section
Malaysian Investment Development Authority (MIDA)
Level 16, MIDA Sentral
No. 5, Jalan Stesen Sentral 5
Kuala Lumpur Sentral
50470 Kuala Lumpur
Tel: 03 2267 6791
Email: investmalaysia@mida.gov.my