In connection with the revision of excise duties by Royal Malaysian Customs Department for MPVs below 1500cc to the previous duty rate of 60%, UMW Toyota Motor (UMWT) has announced that the company will revise the prices of Toyota models involved effective immediately.
Earlier last week, the Royal Malaysian Customs Department raised excise duties for MPVs below 1,500cc by 5%, effective 1-April 2017. In reaction of the sudden increase from 60% to 65% in excise duties, UMWT had increased the prices of its several models including Toyota Avanza, Rush and Sienta between RM3,000 to RM6,000 on 10th April 2017.
Now, with the excise duties reverting to the original 60%, the prices of Toyota Avanza, Sienta and Rush have been changed to the previous price.
So for customers’ orders collected between 10th to 12th April, UMWT will be using the latest revised price based on 60% excise duty.
Source: Toyota
