No more registration fee for locally-made trailers starting from July 1 | TheStarTV.com

No more registration fee for locally-made trailers starting from July 1

Published on 24 Apr 2019 6:48:19 PM

Transport Minister Anthony Loke on Wednesday announced that the Government will remove the Ad Valorem Registration Fee (AVRF) from locally-made trailers and semi-trailers starting from July 1 this year.

This will help locally-manufactured trailers to compete with imported rigs, as the AVRF that is charged on top of sales tax makes it more expensive than imported trailers.

Keywords
anthony loke, avrf, imported, registration fee, remove, rigs, trailer, transport

Transport Minister Anthony Loke on Wednesday announced that the Government will remove the Ad Valorem Registration Fee (AVRF) from locally-made trailers and semi-trailers starting from July 1 this year.

This will help locally-manufactured trailers to compete with imported rigs, as the AVRF that is charged on top of sales tax makes it more expensive than imported trailers.

Keywords:
anthony loke, avrf, imported, registration fee, remove, rigs, trailer, transport

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