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Sabah, Sarawak, Labuan firms can claim diesel price difference rebates from July 1
๐Ÿ‡ฒ๐Ÿ‡พ Malaysia /Economy & Trade

Sabah, Sarawak, Labuan firms can claim diesel price difference rebates from July 1

From Utusan Malaysia · () Malay

Translated from Malay, summarized and contextualized by DistantNews.

At a glance

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  • Companies in Sabah, Sarawak, and Labuan can claim cash rebates for the difference in diesel prices starting July 1.
  • This applies to companies in the public and goods land transport sectors registered under the Subsidised Diesel Control System (SKDS).
  • Eligible companies must register for SKDS and apply for a fleet card by June 30 to receive the rebate for diesel purchased between July 1 and August 31, or until the fleet card is received.

The Malaysian government will allow eligible companies in Sabah, Sarawak, and Labuan to claim cash rebates for the price difference in diesel purchases starting July 1. This measure is part of the Subsidised Diesel Control System (SKDS) and aims to assist companies in the public and goods land transport sectors.

Companies must have registered under the SKDS and applied for a fleet card by June 30 to be eligible for the cash rebate. The rebate covers diesel purchased at the unsubsidised retail price between July 1 and August 31, or until the company receives its fleet card, whichever comes first. The Ministry of Domestic Trade and Cost of Living stated that claims must be supported by diesel purchase receipts and submitted through the MySubsidi portal.

Minister Datuk Armizan Mohd Ali urged all eligible land transport companies in the three regions to register for SKDS and apply for their fleet cards promptly. Early registration, he noted, will expedite the fleet card issuance process, ensuring continuous access to subsidised diesel. The rebates will be credited to the companies' bank accounts by the Ministry of Finance within 15 working days after the SKDS administrators at KPDN complete the review process.

This initiative aligns with the nationwide implementation of targeted diesel subsidies starting July 1. The SKDS mechanism ensures that eligible public and goods land transport sectors continue to benefit from subsidised diesel prices. For public land transport, the price is RM1.88 per liter, while for goods land transport, it is RM2.15 per liter. As of June 22, over 8,445 companies and 30,557 vehicles in Sabah, Sarawak, and Labuan had registered for the SKDS.

DistantNews Editorial

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.