ANNOUNCEMENT 01 Oct 2017

For the month of October, the Malaysian authorities decided to increase the export duty on crude palm oil.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Malaysian Palm Oil Board, Economic & Industry Development Division: Export Duties 2017, October: http://bepi.mpob.gov.my/images/export-duties-2017/10.%20EXPORT_DUTY_RATE_OCTOBER_2017.pdf

Inception date: 01 Oct 2017 | Removal date: 01 Nov 2017
Still in force

Export tax

On 1 October 2017, the export duty on crude palm oil increased to 6% for the month of October. Prior to October 2017, the duty had temporarily been set at 5.5% for a period of two months, see related state act.

AFFECTED SECTORS

 

AFFECTED PRODUCTS