KUALA LUMPUR, Jan 9 — Starting from this April, the Malaysian government will start collecting a new sales tax, which will see Malaysian shoppers having to pay 10 per cent more...
KUALA LUMPUR, Jan 9 — Starting from this April, the Malaysian government will start collecting a new sales tax, which will see Malaysian shoppers having to pay 10 per cent more every time they buy goods imported from overseas .
Here’s everything you need to know, based partly on the Royal Malaysian Customs Department’s draft tax guide as of January 1:The Malaysian government will be imposing a sales tax of 10 per cent on"low-value goods” which are sold online and delivered from overseas to customers in Malaysia by air, sea or land.I want to shop online, what will change for me?The new sales tax of 10 per cent is only for overseas low-valued goods bought online from April 1, 2023, onwards.
Here’s an example: Let’s say you are buying an item from overseas with the price of RM490 from an online shopping platform, and there is a delivery charge of RM10. The total will be RM500, if you bought it before April.
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