KUALA LUMPUR: Honda Malaysia Sdn Bhd will absorb the six per cent Goods and Services Tax (GST) for purchase of selected Honda models from today until May 31.
This is in response to the announcement made by the government that GST, currently set at six per cent, will be zero-rated effective June 1.
Honda said customers who purchase selected Honda models from May 18 to May 31 will be entitled for the GST Bonus and the on-going “Welcome Ramadhan Rewards”** Honda bonus.
Honda models entitled for the GST Bonus are City (Petrol Variants), Civic, CR-V and HR-V.
Other Honda models namely Jazz, BR-V, Accord, Odyssey, Civic Type R, Jazz Hybrid and City Hybrid are not entitled to the GST Bonus but only entitled to the on-going “Welcome Ramadhan Rewards”** Honda bonus.
Honda Malaysia will soon announce on its new vehicle pricing after taking account of the new GST rate.
KUALA LUMPUR (May 18): Honda Malaysia Sdn Bhd announced that it will absorb the 6% Goods and Services Tax (GST) for its City (Petrol Variants), Civic, CR-V and HR-V models.
In a statement today, Honda Malaysia said this is in conjunction with the announcement by the government that GST, currently set at 6%, will be zero-rated effective June 1, 2018.
“Honda Malaysia is taking the initiative to support its customers who plan to purchase their vehicles before the Hari Raya celebrations via its GST Bonus,” the company said.
“Under this GST Bonus, for customers who purchase selected Honda models during the period of May 18 to May 31, 2018, Honda Malaysia will absorb the 6% GST, and customers will also be entitled to the on-going “Welcome Ramadhan Rewards” Honda bonus,” it said.
Honda Malaysia said other Honda models namely Jazz, BR-V, Accord, Odyssey, Civic Type R, Jazz Hybrid and City Hybrid are not entitled to the GST Bonus but only entitled to the on-going “Welcome Ramadhan Rewards” Honda bonus.
“Honda Malaysia will soon announce its new vehicle pricing in conjunction with GST being zero-rated effective June 1, 2018,” the company said.
In Cars, Honda, Local News / By Matthew H Tong / 18 May 2018 6:50 pm / 7 comments
Honda Malaysia has announced a GST Bonus programme that will see it absorb the 6% GST (Goods and Services Tax) on selected vehicles. This, after the newly-formed Government revealed that it will roll back GST to 0% (effective June 1) from the current 6%.
The Honda models applicable for this are the City (non-hybrid), Civic, CR-V and HR-V. As expected, the rebates get bigger the more expensive the car is, ranging from RM4,282 for the City 1.5 S all the way up to RM9,497 for the CR-V 1.5 TC-P in White Orchid Pearl. These rebates go on top of those already offered for Honda’s “Welcome Ramadan Rewards” campaign, resulting in a saving of up to RM11,497.
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Other models such as the Jazz, Jazz Hybrid, BR-V, Accord, Odyssey, Civic Type R and City Hybrid are not eligible. Instead, those models are only entitled to the aforementioned Ramadan bonus.
The GST Bonus programme starts from May 18 to May 31. Honda Malaysia will soon announce its new vehicle pricing prior to the re-introduction of the Sales and Services Tax, or SST. In the meantime, you may read in further detail on how GST affects the selling price of a car, here.
Honda Malaysia Absorbs GST on Selected Models Until June 2018
Honda Malaysia announced today that in conjunction with the announcement by the Government of Malaysia that Goods and Services Tax (GST), currently set at 6%, will be zero-rated effective 1 June 2018, Honda Malaysia is taking the initiative to support its customers who plan to purchase their vehicles before the Hari Raya celebrations via its GST Bonus.
Under this GST Bonus, customers who purchase selected Honda models during the period of 18 May 2018 to 31 May 2018, Honda Malaysia will absorb the 6% GST and customers will also be entitled to the on-going “Welcome Ramadhan Rewards” Honda bonus. Honda models entitled for the GST Bonus are City (Petrol Variants), Civic, CR-V and HR-V.
Other Honda models namely Jazz, BR-V, Accord, Odyssey, Civic Type R, Jazz Hybrid and City Hybrid are not entitled to the GST Bonus but only entitled to the on-going “Welcome Ramadhan Rewards” Honda bonus.
Honda Malaysia will soon announce on its new vehicle pricing in conjunction with Goods and Services Tax (GST), will be zero-rated effective 1 June 2018.
For more information, please call Honda’s Toll Free number at 1-800-88-2020 or log on to www.honda.com.my
