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Malaysia: Government unveiled new set of measures under the Malaysia Budget 2023

Description

On 24 February 2023, the government of Malaysia issued Budget 2023, exempting import duties on equipment used for Carbon Capture and Storage (CCS) technology. The CCS technology included: carbon capt...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

01 Jan 2023

Revocation date

31 Dec 2027

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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