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10 January 2023

10 Sales Tax On Low Value Goods ( LVG) Effective on April 1, 2023

 






10% sales tax on low-value goods (LVG) will be in effect from April 1, according to the Royal Malaysian Customs Department. Goods imported from overseas that are priced under RM500 will be subject to the tax

LVG sellers are responsible for acquiring ‘Registered Seller’ (RS) status with the Customs Department. Registration will be required for both Malaysian citizens and foreigners who deal in low-value goods brought into the country via land, sea or air, and exceeds RM500,000 in total sales value within 12 months, the government agency added.

More information regarding registration can be accessed via  http://www.customs.gov.my/ms/Documents/LVG_USER_GUIDE_VERSION_1.pdf

6. Any queries or feedback regarding Sales Tax on LVG can be emailed to mylvg@customs.gov.my


STATEMENT BY ROYAL MALAYSIAN CUSTOMS

http://www.customs.gov.my/en/Documents/Announcement%20LVG%201%20_%202023%20(06.01.2023).pdf







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