Got this email today. Better buy fast everyone who is entitled

At this time, we would like to advise that the Goods and Services Tax (GST) will be enforced on the car tax exemption accorded to all successful applicants under the Returning Expert Programme (REP). Beginning 1 April 2015, 6% GST will be applied to all invoices issued relating to the purchase of one locally manufactured Complete Knock Down (CKD) or the importation of one Complete Built Up (CBU) (reaching the port on or after 1 April 2015). This tax is separate from the RM150,000 taxes and duties exempted under the REP incentive package.

but GST (6%) is going to replace the Sales Tax (10%)

So in the end you pay less for the car no?

Nope. In our Talentcorp offering we get sales and excise exemption. But those who haven't bought can wait till April and see if u get the lower 4%

See below

FAQ - Returning Expert Programme
https://rep.talentcorp.com.my/faq
return to Malaysia,; obtain employment; report to TalentCorp and obtain the Surat ... I'm returning from Singapore by car, how do I show proof of returning during my ..... Approval of excise duty and sales tax will be withdrawn if recipient violates

This post has been edited by dchk: Mar 11 2015, 08:20 PM

For REP or mm2h purchase.
Base on my understand on the letter of from MOF,
Ur car price will be increase by implement of GST.

Example:
Before 1/April.
Vios- car price around 88k.
Less Excise duty around 15k.
Less Sales tax around 5k.
Tax exempted price : 68k.

After 1/April.
Vios - car price around 83k. (No sales tax)
Less Excise duty around 15k.
Add GST around 4000.
Tax exempted price : 72k.

GST not going to waive for REP and mm2h cust as it is different tax compare to excise duty and sales tax.

I seriously don't see how TalentCorp objective of stamping the brain drain will happen as they start to impose all these conditions. They can call it any tax they want, but ultimately it will be less and less attractive for those overseas to come back.

see it as a bonus. Malaysians do not come back due to these immaterial incentives.

how long does it take to get the car after obtaining the approval letter from Minister of Finance?

Depending on the car dealer.

Once you get the approval the process should be quick provided your loan document and everything is ready.


The duration can be as short as 2 weeks depending on your sales agent

received the letter on last tuesday and paid the downpayment on the same day. will update again once got the car. thanks again chizzu

what car are you getting?

mind to share the price of the car? would be a good reference in future.

Now we have Mazda 3 and Hyundai Tucson launched as CKD this week the CKD market is getting more competitive!

Good morning! I am on my way to get my Volvo V40 T5 CC version. However, I was asked to prepare RM 300 for talent Corp handling charges. Did you guys get charged as well?

No. Sounds like volvo dealer is trying to pull fast one on you. I've encountered a mazda dealer trying to do that too, I just walk away.

Thank you very much. It sounds strange as a so didn't promise anything on that.

i was quoted RM600 initially but did not charge any at the end after further negotiation. Got to be a smart buyer.

sorry chizzu. overlooked your reply. getting a bmw 316i at around 140k. the SA is very professional so far. let me know if anyone wants to get the contact (auto bavaria penang).

Looks like no one has sold their REP car after 2 years or later... I plan to sell "mine" after the 2 years limit in July this year; need to change to a MPV.

Thats quite a lot. You can actually do the documentation yourself and everything is done online! (except getting the digital cert)

This has been discussed few times but unfortunately nobody has the experience.

Yah, try calling Custom is pointless. Maybe if you head to a Custom HQ to inquire maybe got some progress. I see some ppl offering to provide service which will cost RM10K-RM15K, but I feel that is too much.

Hi..
If u plan to sell Ur car..
We can actually provide the service for you..
Service included getting approval letter from Mof and custom tax payback letter...
Feel free to pm me.

P.s. We do take in trade in car also.

Thanks
Daniel

The Custom HQ is in Putrajaya; maybe can go to the Kelana Jaya branch to enquire. Or else go to Johor Kastam branch on a Sunday to enquire.

Anybody communicated with Daniel before? The guy offering services to sell REP cars.