- Order No. P.U. (B) 541 was published in the Malaysian Official Gazette on Dec. 8
- The order announces the effective date for the imposition of sales tax on low value goods (LVG)
- The effective date is Jan. 1, 2024
Source: news.bloombergtax.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.
Latest Posts in "Malaysia"
- Malaysia’s Indirect Tax Reforms: Challenges, Compliance, and Future Budget Expectations
- Malaysia Issues Sales Tax Exemption Guidance for Manufacturers; Refund Applications Due by November 30, 2025
- Malaysia’s 2025 Tax Reforms: Mandatory E-Invoicing, MSME Support, and New Foreign Tax Branch
- Malaysia Expands E-Invoice Restrictions to Electricity and Telecom Sectors Starting 2026
- Malaysia prohibits consolidated e-invoices for additional transactions