NEM Program is One to One offset basis. E.g. Any Exported Energy will be offset with your same tariff energy. Day time offset night time. Weekend offset Weekday
Subscribers of the following tariff:
It Is a Green Technology Incentives. It is Govern under MIDA Malaysia Investment Tax Allowance (ITA) of 100% of qualifying capital expenditure incurred on a green technology project from the year of assessment 2013 (date on which the first qualifying capital expenditure incurred is not earlier than 25 October 2013) until the year of assessment 2020. The allowance canbe offset against 70% of statutory income in the year of assessment.
Unutilised allowances can be carried forward until they are fully absorbed.
Capital allowances are deductions claimable for the wear and tear of qualifying fixed assets such as industrial machinery, office equipment and sign boards. Under Capital Allowance, Solar PV system could categorized as Plant & Machinery and is eligible for depreciation over the period of 6 years.
The Depreciation category falls under Machinery:
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