Sales Tax Collection For Low Value Goods To Begin In April 2023
Imported LVG with a total value of less than RM500 per consignment had been exempted from sales tax up until this point. Under the new law, all goods from overseas will be subjected to a sales tax with a flat rate of 10% [pdf]. Even though the new law is already in place right now, the government will only begin to collect the tax starting from 1 April 2023. At the moment, Customs will be focusing on getting sellers registered on its MyLVG system....