After announcing that the company will be absorbing the 6 percent Goods and Services Tax (GST) on selected models ahead of the new zero-rated GST fiscal policy comes into effect, Honda Malaysia has announced the full zero-rated price list for its entire model range.
Locally assembled models like the Jazz, City, BR-V, HR-V, Civic, CR-V and Accord will be cheaper by some RM4,088 to RM9,573 come 1 June 2018. Fully imported models, namely the Odyssey and Civic Type R will see a price reduction of RM14,362 and RM18,072 respectively.
The zero-rated GST price list comes after the announcement made from the newly installed Pakatan Harapan Government to reduce the GST rate to zero percent as per their campaign manifesto. The new price list will be valid until further announcement made by the Ministry of Finance to reimplement the Sales and Service Tax (SST) in the coming months.
Other services such as scheduled maintenance, purchase of spare parts and labour charge will also be zero-rated GST effective 1 June 2018.