AP Cheaters Identified
The Customs and Excise department is imposing a Profit and General Expenses charge on the 34 models of 6 makes of vehicles which the government believes have been underdeclared in the past.
The makes are:
- Kia. Distributed by Naza Kia Sdn Bhd whose AP King is Nasimuddin.
- Chevrolet. Distributed by Auto Pacific Star. AP Kings involved are Syed Azman Syed Ibrahim and Mohd Haniff Abd Aziz.
- Hyundai. Distributed by Hyumal Sime-Darby.
- Chery. Distributed by Alado Bumi Automobile.
- Fiat. Distributed by Torino Motors Industries.
- Mahindra. Distributed by DRB-Hicom.
The PGE charges would be around 30 percent for vehicles below 1.6 liters and 38 percent for vehicles above 1.6 liters.
Association of Malay Importers and Traders of Motor Vehicles president Datuk Abdul Hamid Ibrahim says this move would make the makes concerned have virtually zero chance to survive in the market.
The charge came into effect yesterday.
July 24, 2005 @ 12:48 am
wow… yippee ka yay… now if Korean car prices go up up up will it make Malaysians sound up about down down down with AP?
Should mean better second hand prices for Korean cars though.
July 24, 2005 @ 1:51 am
Who knows…?
But I do prefer Japan Imports. =)
July 25, 2005 @ 6:34 am
Fu***k U, LATOK LAH FE DAH you should resigned now! YOU R a stupid Idiot IRON BAR not IRON Women. Liar BIG LIAR! I have no power to ask you for resign but I know HOW to VOTE next ELECTION HA HA! SEE Macam mana lah!
July 25, 2005 @ 6:43 am
DOG THE WAN again,
YEAH Rakyat must buy POTONG LAH! You only have this choice now! HA HA HA cheers! LATOK RA FE DAH good jobs, She is IRON BAR (not Women) and are working very hard (I think use my azzzs??). Printing the money at home is faster lah! Macam SKIM CEPAT KAYA!
I bought her no tear AP shampoo is works fine last night, SANKQQ for your Recommendation. MalaksseR BOLEH!
……(The comment above has a NEGATIVE/Terbalik meaning folks….Enjoy!)……
July 25, 2005 @ 10:26 am
so, guys know what to do next election, other parties ok. fxxk AP policies…
July 25, 2005 @ 12:45 pm
sigh sigh….. DO NOT BUY proton…
GO BUY PERODUA CARS….. MyVi, Kenari, kelisa, kancil. worth the $$
July 25, 2005 @ 7:58 pm
Eeh Kawan edw,
Janganlah macam tu! Nampak macam PARO2 salesman pu…la?
Tak beli POTONG beli PARO2 pun sama. Use your BAS ELEVEN lah! …JALAN KAKI, helps the environment and fight for Oil price up too Kawan. Comment dibuat oleh DOG THE WAN.
July 26, 2005 @ 12:29 pm
hahahah.. jual kereta mesti ambik kesempatannyer…
July 27, 2005 @ 6:11 pm
yessssss…… go go go…. up the korean car prices!!!!!!!!! hidop KIA!!!!
July 27, 2005 @ 11:35 pm
because of Lah Fe Dah we get some cheaper imported cars. Now we get much expensive ones because they have to declare the full value of the cars. he he he.
October 20, 2005 @ 11:36 am
Hmm. Looks like they really are getting moving on working something comprehensive out. I guess that’s a good thing to have come out of this dirty laundry after all.
Hope the increased price on foreign marques doesn’t make people feel they are more prestigious… that would have a pretty negative impact on the national cars.
February 21, 2006 @ 4:51 am
[...] Back in July 2005, the Customs and Excise department identified 6 companies underdeclaring vehicle prices in order to avoid tax. They have since been slapped with a 30-38% Profit and General Expenses tax on 34 of their models. (Refer to this post) For an offense that could be interpreted as cheating the government of income, perhaps Tun Dr. M expected more drastic punishment like having their APs revoked. [...]
September 19, 2006 @ 4:01 pm
[...] Honda Malaysia Sdn Bhd wants to focus on selling CKD cars instead of CBU cars due to the government’s moves to re-examine the CBU import values. They fear the government might impose a Profit and General Expense (PGE) charge for CBUs, which was imposed previously on a few mainly Korean marques. That move had pushed sale prices 30-38% higher, making Korean cars totally uncompetitive. [...]