Petronas gives undertaking to withdraw appeal on Sarawak sales tax decision

The Court of Appeal today was told today that Petroliam Nasional Berhad (Petronas) has given the undertaking to withdraw its appeal against the Kuching High Court's decision that Sarawak is entitled to collect sales tax on petroleum products.

State legal counsel JC Fong told a three-member bench that in view of the undertaking by Petronas to withdraw the appeal, the Sarawak state government was not objecting to the postponement application made by the oil and gas company.