The Royal Malaysian Customs Department announced that cross-border sales of goods valued at MYR500 or less are subject to 10% sales tax when sold to businesses and consumers in Malaysia effective January 1, 2024.
The low value goods regulations can be found here.
Source Sovos
Click on the logo to visit the website
- Join the Linkedin Group on VAT/GST and E-Commerce HERE
Latest Posts in "Malaysia"
- Malaysia considers SST input tax credits for manufacturing and construction
- Malaysia Allows Backdated E-Invoices Under the Special Voluntary Disclosure Programme
- MyInvois SVDP Versions 1.2 and 1.3 Enable Back-Dated e-Invoice Submissions
- Finance Ministry Reaffirms SST as Preferred Tax System Over GST
- Malaysia Budget 2027 Proposes Targeted Sales and Service Tax Relief
