GST zero-rated: New parking rates at MRT stations

Mass Rapid Transit Corporation (MRT Corp) has announced that the parking rates at Park N’ Ride facilities operated by the company along the Klang Valley MRT Sungai Buloh-Kajang (SBK) Line have been revised. The new rates, effective from today, June 1, reflect the reduction of the goods and services tax (GST) to 0%.

The Park N’ Ride facilities operated by MRT Corp are at Bandar Tun Hussein Onn, Bukit Dukung, Maluri, Phileo Damansara, Sungai Buloh, Sungai Jernih, Taman Midah and Taman Suntex.

Beginning from today, the fee for parking at these Park N’ Ride facilities for those who use the MRT will be RM4 per entry per day. The rate was previously RM4.30, with GST in effect.

GST zero-rated: New parking rates at MRT stations

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The company added that those parking at the parking facilities but do not use the MRT will be charged at different rates depending on which Park N’ Ride facility is used. Rates begin from RM2 per hour (previously, RM2.20). Motorcyclists, meanwhile, will be charged RM1 per day per entry at all the parking facilities run by the company.

It added that other parking facilities along the SBK Line – such as those at Bandar Utama, Kajang, Kwasa Damansara, Kwasa Sentral and Pusat Bandar Damansara are operated by external parties.

The company said that it has met with the parking operators at these locations and have advised them to revise their parking rates to reflect the 0% GST rate. However, it will be up to the operators to put to effect any new parking rates, the company added.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 
 

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