Sabah collects RM1.7bil in petroleum sales tax

29 Nov 2022 • 12:22 PM MYT
Daily Express
Daily Express

Daily Express Online (Malaysia) is Sabah's top-ranked & most viewed English news site. It is also Sabah's leading & most circulated daily English newspaper.

image is not available

Kota Kinabalu: The Sabah Government has collected a total of RM1.7 billion in sales tax on petroleum products as of Nov 28.

State Finance Minister II Datuk Seri Masidi Manjun said the amount collected is higher than the initial estimated amount of RM1.1 billion.

“We will gradually expand our revenue base from petroleum products. The newest (measure) is collecting tax on urea and ammonia,” he told the State Legislative Assembly Tuesday.

* Read full report in tomorrow's print paper or log in or sign up for e-paper and premium online news access.

* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.