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 Buying used car from other country

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BeastX
post Jul 23 2007, 01:01 PM

Genomics Revolution; Proud to be a Scientist
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From: North Borneo & South Nihon/Nippon


You will need an AP..

you are entitled if you lived in the country for more than 1 year and own the car for 9 mnths or more. If not you would have to get those privilage to have multiple AP to sell you theirs... price... that is how the term AP king comes... fast/easy way to become rich.


u will still need to pay tax upon entering malaysia... based on ASEAN tarriffs .... was renewed as of march 2006*probably... 100 to 130% or more ...have to check...

tax based on cc of car and gov standard of evaluation based on market price... (no matter even if you got the car for free).

10% car value depreciation every year...

70% direct depreciation cut off for 6 year old car... 10% every year after

This post has been edited by BeastX: Jul 23 2007, 01:08 PM
BeastX
post Jul 23 2007, 01:20 PM

Genomics Revolution; Proud to be a Scientist
*******
Senior Member
5,987 posts

Joined: Jan 2003
From: North Borneo & South Nihon/Nippon


QUOTE(hajimemashoo @ Jul 23 2007, 01:09 PM)
Hmm, ok ic.

If I have a friend who lives in that country for more than 1 year. I ask him to buy the car (at that country's currency e.g. original price) and put there for 9 months.

Then I ask him to bring into Malaysia (still ned to pay the tax right?), then transfer to my name.

Lol, boleh pakai like that? No ned AP loh?  brows.gif


Added on July 23, 2007, 1:12 pmOh yeah, how bout the free tax zone in malaysia like Labuan and Langkawi right?

If say buy from Langkawi and bring into mainland, still ned tax right? Is it possible the car put there how many years can bring into mainland without tax?  tongue.gif
Yor friend will still need an AP... his application.. car under his name for 9 months.. a Malaysian... once in a life time AP...
once in Malaysia under his name.. cannot transfer for 2 or 3 years.. MITI form got state....

Langkawi and Labuan need no AP... but tax still there... not sure of 2nd hand car thou...

This post has been edited by BeastX: Jul 23 2007, 01:22 PM

 

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