Datuk Seri T Subromaniam
PUTRAJAYA: The government has agreed to postpone the implementation of excise duty on ready-to-drink packaged sweetened beverages to July 1, 2019.
Customs director-general Datuk Seri T Subromaniam in a statement yesterday said the postponement was aimed at giving sufficient time to the industry to make the necessary preparations.
“In addition, this will allow the Royal Malaysian Customs Department to carry out roadshows and to issue licences to sweetened beverage manufacturers under the Excise Act 1976,” he said.
Subromaniam added that the government has also agreed to raise the threshold of sugar content from 5 grammes (gm) to 7gm per 100 milliliters (ml) for milk-based beverage products containing lactose (flavoured milk) classified under tariff heading 22.02, excluding soy milk products. — Bernama