KUALA LUMPUR, July 18 – Five bills have been passed by the Dewan Rakyat to turn Pulau Satu in Forest City, Johor, into a duty-free island, theStar reported.

The Customs (Amendment) Bill 2024, Excise (Amendment) Bill 2024, Free Zones (Amendment) Bill 2024, Sales Tax (Amendment) Bill 2024, and Service Tax (Amendment) Bill 2024 were brought by Deputy Finance Minister Lim Hui Ying for third reading at the Dewan Rakyat on Wednesday.

It was passed with a voice vote.

With the amendment, Pulau Satu will no longer be part of the principal customs area.

The amendment to Section 2 of the Free Zones (Amendment) Bill will also mean that Pulau Satu will be listed as a duty-free island, along with Labuan, Langkawi, Tioman and Pangkor.

LEAVE A REPLY

Please enter your comment!
Please enter your name here