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 m40 tax if i read correctly, gazetted sst document

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Justin.Loong
post Jun 10 2025, 09:57 AM

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QUOTE(nelson969 @ Jun 10 2025, 08:34 AM)
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0% Rate (Maintained for Basic Necessities): Includes unprocessed items like chicken, beef, fish, local vegetables, fruits, rice, and processed items like flour, canned sardines, sugar, cooking oil, as well as medicines, books, animal feed, basic construction materials, fertilizers, and agricultural machinery.

5% Rate: Includes items like abalone, lobster, quinoa, cheese, fruit jam, smartphones, and goods with increased rates like king crab, salmon, truffle mushrooms, imported strawberries, essential oils, silk, and industrial machinery.

10% Rate: Includes items like caviar, shark fin soup, alcoholic beverages, tobacco, cigars, leather goods, and goods with increased rates like tungsten scrap, racing bicycles, and antique paintings (handmade included).
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Huh? Racing bicycles? Means like the normal roadbikes (Pinarello / TREK / Colnago / Specialised / Giant / BMC / Cervelo / Bianchi / etc)
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or the velodrome type like what Dato Azizul is using?
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Justin.Loong
post Jun 10 2025, 11:09 AM

Look at all my stars!!
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QUOTE(nelson969 @ Jun 10 2025, 10:01 AM)
heard it is also include road bicycle, those mountain road bike, not cheap and not even m40 level, very expensive one

my father last time buy carbon bike 7-8k ( yea second hand one )

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Wah lau ehhh... blink.gif shocking.gif
skyblu3 & vhs1

Roadbike tax but then expensive foldie like Brompton no tax? ranting.gif mad.gif vmad.gif
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