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Swift approval for these vehicle transfers
Published on: Saturday, November 18, 2023
By: Bernama
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Swift approval for these vehicle transfers
Ministry of Finance tax section chief Hazlan Abdul Aziz - pix Bernama
LABUAN: Government employees with vehicles registered in duty-free islands (DFIs) Labuan and Langkawi, enjoying a 50 per cent duty exemption, can now breathe a sigh of relief. 

The Ministry of Finance (MoF) announced that immediate approval for vehicle transfers outside the peninsula, Sabah and Sarawak will be granted starting Dec 1, 2023.

MoF tax section chief Hazlan Abdul Aziz said the new policy streamlines the process, allowing eligible individuals to seek approval directly from the Labuan or Langkawi customs office. 

“This means bypassing the traditional route through the Ministry of Finance, provided all documentation is complete and the specified conditions are met.

“This move aims to facilitate the relocation of government employees, ensuring a smoother transition for those transferring out of these duty-free zones,” he said at a briefing with government employees in Wisma Kastam, here, Friday.

Hazlan said the exemption policy has been a longstanding benefit for vehicle owners in DFIs, and this update further enhances the efficiency of administrative procedures associated with such transfers.

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