Which imported imported fruits are exempted from SST under the new review?

Question

Accepted Answer

Imported Fruits Exempted from Sales and Services Tax

Apples, oranges, dates, and mandarin oranges are among the imported fruits that have been exempted from the Sales and Services Tax (SST) following a review of tax rates. This exemption is part of broader measures taken by the Ministry of Finance (MOF) to mitigate the tax burden on consumers, particularly vulnerable groups, while enhancing the country's fiscal position.
Exemption for Commonly Consumed Fruits

The MOF has specifically exempted selected imported fruits, including apples, oranges, dates, and mandarin oranges, from the SST. This decision was made after considering public feedback and aims to ensure continued access to nutritious and widely consumed food items. The exemption underscores a commitment to balancing fiscal objectives with the need to support household access to essential goods.
Revenue Projections and SST Expansion

The collection of SST on imported fruits is projected to generate an additional RM38 million annually starting from 2026. This initiative is part of a larger review of sales tax rates and an expansion of SST, effective from July 1, 2025, which is expected to bring in an additional RM10 billion in revenue annually from 2026. The overall objective of these tax adjustments is to strengthen the nation's fiscal standing and provide support for the domestic fruit industry.
Targeted Approach and Mitigation Measures

The expansion of SST is designed to be targeted, incorporating various facilities and exemptions as mitigation measures. This approach ensures that the tax burden is distributed equitably and primarily borne by those with greater capacity to pay. The MOF stated that goods and services commonly used by the majority of the population are generally not subject to the tax, reflecting a progressive implementation strategy.

Reading history

Hide →

This history is cleared when the page is closed.

Which imported imported fruits are exempted from SST under the new review?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends