Developers seek further liberalisation on steel bars

The Real Estate and Housing Developers’ Association Malaysia (REHDA) has urged the Government to further liberalise all steel bar items under HS Code 7214 and all steel rod items under HS Code 7213.

"Currently, AP exemption is limited only to two items ie steel bars under HS code 7214 10 110 and 7214 20 910,” said its president Ng Soing Liong in a statement issued yesterday.

He said it was crucial for the government to liberalise other steel bars under HS Code 7214 and steel rod items under HS Code 7213 as these items were mainly used in the construction of low and medium cost housing and pre-fabricated components under the Industrialized Building System.

REHDA is also urging the government to impose the restraint export tax on all billets and steel bars as highlighted by Master Builders Association Malaysia.

REHDA would like to inform that a hotline at 03-7880 8000 has been set up for the industry to highlight and raise issues concerning building materials including steel bars. — Bernama

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