KUALA LUMPUR, March 15 — The Malaysian government will not start collecting the new 10 per cent sales tax — on goods priced less than RM500 and imported from overseas — from...
KUALA LUMPUR, March 15 — The Malaysian government will not start collecting the new 10 per cent sales tax — on goods priced less than RM500 and imported from overseas — from April this year, and has instead postponed it, the Royal Malaysian Customs Department announced.
“The imposition of sales tax on Low Value Goods which was supposed to be effective on April 1, 2023 has been postponed to a date to be determined later,” it said in the announcement. In that same announcement, the RMCD had said the effective date for charging and levying sales tax on low value goods would be from April 1. This date has now been postponed, following the RMCD’s latest announcement.of the proposed low value goods tax, based on the RMCD’s draft tax guide as of January 1.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Online shoppers rejoice: 10% tax on goods valued under RM500 postponed indefinitelyAccording to an announcement from the Royal Malaysian Customs Department (RMCD), the low-value goods (LVG) tax originally planned to come into effect on April 1 has been delayed indefinitely.
Read more »
Tiada isu ‘pengundi hantu’ ketika pemilihan Wanita UMNO Kuala KedahPengundian semula sayap Wanita UMNO Bahagian Kuala Kedah akan diadakan di Bangunan Tunku, antara pukul 2.30 petang hingga 5.30 petang, Rabu ini
Read more »
Luxury tax in people’s best interests, says MOF undersecretary | The Malaysian InsightGovt studying other countries’ systems to figure out ideal mechanism for Malaysia.
Read more »