Based on the Malaysian finance ministry‘s ‘Fiscal Outlook and Federal Authorities Income Estimates‘, complete authorities income from car import duties, excise duties and gross sales tax this yr is estimated to be RM11.1 billion, and that is anticipated to rise 4.5% to RM11.6 billion subsequent yr.
The 2025 estimates might be damaged down into RM630 million in import duties, RM3.97 billion in CKD excise duties (automobiles plus bikes), RM3.27 billion in CBU excise duties (automobiles), RM2.11 billion in CKD gross sales tax (passenger plus industrial autos) and RM1.13 billion in CBU gross sales tax (additionally passenger plus industrial autos).
Additionally supplied are the 2026 estimates, and you may see from the desk under that whereas import obligation income will not be anticipated to alter a lot and excise obligation income is barely anticipated to develop by 2.3%, the federal government expects to gather 10.4% extra gross sales tax subsequent yr.
One factor that can change come subsequent yr is that fully-imported (CBU) EVs will start contributing to import and excise obligation revenues. At the moment, CBU EVs are import- and excise-duty free, however they’re, nonetheless, topic to gross sales tax already, and EVs nonetheless make up a really small piece of the Malaysian pie.
So the projected 10.4% gross sales tax rise has us questioning. It’s attainable that the comparatively excessive quantum (RM1 billion-RM2 billion) and projected enhance is as a result of gross sales tax is utilized on the finish, after all of the duties, which creates a compound impact. One other attainable clarification is a projected enhance in complete business quantity (TIV) for 2026 over 2025.
Now, whereas RM11 billion in income might sound like so much, keep in mind that the federal government usually has to spend round RM20 billion yearly in RON 95 petrol subsidies (Budi Madani RON 95 minuses simply RM2.5 billion-RM4 billion from that determine). So, low cost automobiles or low cost petrol? Decide one, as a result of you may’t have each!
Seeking to promote your automobile? Promote it with Automotive.
PULIDIKI Car Cleaning Gel Car Clean Putty, Universal Car Interior Cleaner Slime, Perfect Cleaning Kit Supplies, Auto Detailing Tools Accessories, Dust Remover Gifts for Men Women
$6.99 (as of October 29, 2025 00:55 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Kaistyle for Magsafe Car Mount【20 Strong Magnets】Magnetic Phone Holder for Car Phone Holder Mount Dash Mounted Holders Cell Phone Holders for Your Car Accessories for Women Men for iPhone 17 16 15 14
$9.98 (as of October 29, 2025 00:55 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Chemical Guys Total Interior Cleaner & Protectant - Cleans and Protects Leather, Vinyl, Plastic, Rubber, and Glass with a Streak-Free Finish for Cars, Trucks, SUVs, RVs, and More - 16 oz
$11.97 (as of October 29, 2025 00:55 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Drift Car Air Freshener - The Original Wood Air Freshener - Car Odor Eliminator - Long Lasting Scent - Auto Accessories - Metal Clip - Essential Oils - Clean Ingredients - Teak Scent Starter Kit
$12.95 (as of October 29, 2025 00:55 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Rain-X 820149 WeatherBeater Wiper Blades, 22" Windshield Wipers (Pack of 2), Automotive Replacement Windshield Wiper Blades That Meet Or Exceed OEM Quality And Durability
$29.99 (as of October 29, 2025 00:55 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Rain-X 5079279-2 Latitude 2-In-1 Water Repellent Wiper Blades, 22 Inch Windshield Wipers (Pack Of 1), Automotive Replacement Windshield Wiper Blades With Patented Rain-X Water Repellency Formula
$15.78 (as of October 29, 2025 00:55 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Mobil 1 Advanced Fuel Economy Full Synthetic Motor Oil 0W-20, 5 Quart
$27.97 (as of October 29, 2025 00:55 GMT -07:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
