Proton has said it will strive to ensure customers who have placed a booking before the end of the sales and service tax (SST) exemption period are able to receive and register their vehicles before April 1, 2023 to enjoy the tax savings.
However, Proton deputy CEO Roslan Abdullah told Berita Harian that to avoid any potential issues, the carmaker will stop accepting new orders on a model-to-model basis depending on its production limit. “The move was implemented by the national carmaker to enable its customers to receive the desired model and enjoy sales tax exemption incentives,” he said.
Roslan noted the waiting period for Proton models is up to two months for the X70, Persona, Iriz, Exora and Saga, depending on variant and colour. “As for the X50, it will take about six months and is also subject to color and variant choices,” he added.
Proton’s statement comes following the finance ministry’s announcement on Monday (June 20) that it would not extend the SST exemption, which ends in a few days’ time on June 30, 2022, although an allowance for the SST exemption will be applied for any vehicle booked before July 1 this year and registered by March 31, 2023.
On the matter of how buyers can be eligible to benefit from the SST exemption, Roslan explained, “for buyers who want to enjoy tax exemption incentives, bookings must be made before July 1, 2022, while vehicle registrations must be done before April 1, 2023.”
A booking fee of between RM500 and RM1,000 (depending on model) applies to get yourself in Proton’s queue, although purchase transactions are subject to terms and conditions, including bank loan approval. As such, not all bookings will necessarily be converted into a sale, Roslan said.
Have you already placed a booking for a new Proton, or are you looking to do so before the SST exemption ends? If you haven’t done so already, it looks like you’ll need to hurry to “lock in” the SST-less pricing before the production limit is met.
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