Malaysians to Pay 10% Tax on Overseas Goods on April 1
Kuala Lumpur/ Venture/ Money

Tax Alert: Malaysians to Pay 10% on Overseas Goods Starting April 1

Tax Alert Malaysians to Pay 10 on Overseas Goods Starting April 1

The Malaysian government will begin imposing a new sales tax in April, requiring locals to pay an additional 10% every time they purchase overseas goods that are priced at RM500 and below.

Taxes will be collected for “low-value goods” that are sold online and delivered from abroad to islands such as Labuan, Tioman, Langkawi, Pangkor, and several free zones in Malaysia.

The 10% tax will not apply to items like cigarettes, tobacco products, smoking pipes, electronic cigarettes, and personal electric vaporising devices.

The new regulation is only applicable to products bought after April 1. Malaysians who purchased overseas goods before April need not pay a 10% tax.

For more information, contact the Royal Malaysian Customs Department (RMCD) via [email protected].

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