MALAYSIA: Tan Chong Vietnam unit to pay extra KD kit duty
Malaysian CKD assembler Tan Chong Motor Holdings’ Vietnam subsidiary has been directed to pay US$16.98m (RM54 million) in additional import duty for importing completely knocked down parts and kits from 2010 to 2012.
Malaysian CKD assembler Tan Chong Motor Holdings’ Vietnam subsidiary has been directed to pay US$16.98m (RM54 million) in additional import duty for importing completely knocked down parts and kits from 2010 to 2012.
According to a media report published in Malaysia, Tan Chong said the head of the Hanoi processing and investment customs branch stated Nissan Vietnam had to pay the additional duty.
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