KUALA LUMPUR: Edaran Tan Chong Motor Sdn Bhd, the sole distributor and assembler of Nissan vehicles in Malaysia, said cars may bemore expensive when the Sales and Services Tax (SST) is reintroduced. According to its sales and marketing director Christopher Tan, the industry could see higher car prices if the return of SST is based on the previous calculation formula in the Service Tax Regulations 1975. "If you look at the prices from three years ago, during the transition from SST to Goods and Services Tax (GST), the prices of vehicles came down a bit," said Tan during a press conference after the all-new Nissan Serena launching ceremony. Tan said all Nissan models purchased this month are entitled for the Nissan Price Protection Promise, where customers will be reimbursed the difference between GST and SST, if the vehicle's price is cheaper after implementation. The protection programme is valid until the new government resolves the GST and SST matter.

Source: New Strait Times May 14, 2018 08:47 UTC