ANNOUNCEMENT 01 Jul 2016

In July 2016, the government of Malaysia announced a change in export taxation.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Malaysian Palm Oil Board, Economic & Industry Development Division: Export Duties 2016, July: http://bepi.mpob.gov.my/images/export-duties-2016/EXPORT_DUTY_RATE_JULY_2016.pdf


Inception date: 01 Jul 2016 | Removal date: 31 Jul 2016

Export tax

On 1 July 2016, the export duty on crude palm oil was increased to 6% for the month of July. Prior to July 2016 the duty had been temporarily set at 5.5% for the month of June, see related measure.
On 1 August 2016, the export duty was reduced to 5%, see related measure.

AFFECTED SECTORS

 

AFFECTED PRODUCTS