Sales of new vehicles in Malaysia could slow down at year’s end as consumers await the introduction of a goods and services tax (GST) in 2015 they hope will result in vehicle-price reductions. The government is abolishing the 10% sales and services tax April 1 and will replace it with a 6% GST. In a website report on the change, PricewaterhouseCoopers says the existing sales and service tax is levied at only one stage of the supply chain, while a GST is charged on the consumption of ...

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