Global Trade Alert
Global Trade Alert

Malaysia: Import duties exemption on materials and equipment for Petra Energy Development Sdn Bhd

Announcement

23 Sep 2022

In January 2022, Malaysia exempted import duties on materials and equipment used by Petra Energy Development Sdn Bhd for petroleum and gas upstream operations.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

23 Sep 2022

Revocation date:

No revocation date

Updated: 23 Sep 2022
Tax or social insurance relief In force
On 23 September 2022, the government of Malaysia issued Customs Duties (Exemption) 2017 (Amendment) (No.4) Order 2022, granting a selective tax concession to Petra Energy Development Sdn Bhd in the fo...
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Implementation date

23 Sep 2022

Revocation date:

No revocation date

Updated: 23 Sep 2022
Import tariff In force
On 23 September 2022, Malaysia issued Customs Duties (Exemption) 2017 (Amendment) (No.4) Order 2022, exempting import duties on materials and equipment used directly by Petra Energy Development Sdn Bh...
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