Frm Malaysia or Indonesia???

G still want to tax!

where does these tax goes ?

you should know!

So now UMW can have as many AP's as they want to bring in Toyotas assembled in Thailand. They do not have to go through 'third parties' and pay hefty premiums. In the past, people like UMW had to resort to 'buying' AP's once theirs are used up. However, for cars imported from non ASEAN countries, the rules and tax structure are different.

The interesting thing is how our local newspapers presented the news. I think it is a matter of saving face that the removal of restrictions on number of AP's is separated from Thailand's agreement to the reclassification of Malaysian cars exported to Thailand. It was actually quid pro quo.

We do want to be seen as bowing to the demands of Thailand, but that is what's happening. I think Thailand has strong grounds not to allow Malaysian cars to qualify for AFTA duties, because of our AP system. Now their patience is rewarded and I'm sure there are many red faces in MITI.

The more foreign pressure, the more likely there will be changes made.

AP for statistic collections only, heh..yeah right. God knows how they managed to "convince" the Thai authorities over that one.

either the thais are much more dumber than us, or something must have transpired, becos the stupidest people in the world will know the AP is to protect proton. all imported cars in malaysia are made expensive by these APs.

the gahmen really think we malaysian rakyats are stupids.

So what if Malaysia imposes import tax of only 5%. They raised the excise tax to recover what they lost out in import tax. End of story, layman like us still stuck with expensive cars..

AP is to make a group of people rich lah, no other reasons…… the whole country knows.

And people holding AP will continue to AP all the way. Apalah!

And there goes my hope for cheaper cars.

nothing to be happy with this piece of news, it doesn't direct affect us at all… the new car prices still at sky high level.

Thailand why are you so easily cheated by Malaysia G… They give you some incentives to wave it???

They sure know how to convince them. Only to check the details, just like stock count huh? This is good news to Toyota that wants Malaysia as Hiace assembly base.

1) FTA with Japan means CKD parts from Japan much cheaper.

2) Industrial Adjustment Fund, meaning if you have 'local content' u can get significant tax exemption.

3) ASEAN parts including Thai, Indonesian, Phillipino now all considered 'LOCAL PARTS', so more exemption as per point 2

4) For some years now no more MDL (Mandatory Deleted Items) where before makers MUST source things like windscreen, wiring loom, audio, etc. from local makers

But man in the street doesnt know so … their retail prices remain the same, PROFITS shooting sky high .. Toyota, Honda and Nissan. Plus scared of dropping price, resale value, etc