GITA for a Composting Machine: What to Check
A tax allowance can support qualifying green investment. Here is what a buyer should check before putting a saving in the budget.
Can GITA reduce the cost of a composting machine?
GITA provides tax relief on qualifying green-technology investment. The saving depends on the approved asset, qualifying expenditure, your company's taxable income and the applicable tax treatment.
Ask your tax adviser to confirm eligibility and calculate the benefit for your company before including it in a budget.
Check the asset and the application
The GITA Asset scheme covers qualifying expenditure incurred from 1 January 2024 to 31 December 2026. The asset must meet the scheme's requirements, including approval by MOF, verification by MGTC and a relevant MyHIJAU Directory listing.
The asset must be new, owned by the applicant company, and used in its Malaysian business for its own consumption. A rental or refurbished purchase should not be assumed to qualify under the same rules.
MAEKO's MyHIJAU listing names MW60, CW100, CW200, CW300 and CW500. Check the exact model being quoted and current scheme requirements; a brand logo alone does not establish eligibility.