Business NewsGovernment + LegislationLatest NewsRegional News

Sarawak Association Fights 5 pct Tax on Tyre Imports

–

TPO Protocol

As Malaysia seeks routes to deal with its waste tyre problems, Sarawak Tyre Dealers And Retreaders Association chairman Lim King Hong said that a tax on imported tyres was impractical because even recycling companies are short on supply of used tyres.




“There is a high demand for used tyres for use in other purposes, and in fact, the demand is so high there is an acute supply issue.




“Tyre recycling companies have been reaching out to us for supply, but we just cannot give them enough used tyres.




“Therefore, the government’s tax imposition does not augur well,” he said.


...

Exclusive content

This content is for subscribers to Tyre & Rubber Recycling
If you would like to support our independent coverage of the tyre recycling industry, you can subscribe to by clicking the subscribe button below.

loginSubscribe

Follow us on Google Discover*Requires Google Login to Follow

News by date

The Latest

Subscribe to our newsletter and receive a section of articles every weeks

loading...
You May Also Like