- The Royal Malaysian Customs Department has issued new guides on import duty and sales tax matters.
- The guides cover topics such as import duty exemptions for machinery and equipment, exemptions granted by MIDA for raw materials, and import duty refunds for importers under the CPTPP.
- The guides are currently only available in Bahasa Malaysia.
- Importers who paid import duty between 29 November 2022 and 30 December 2022 on goods from a CPTPP member jurisdiction can apply for a refund within one year of the import date.
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
