By Admin | December 2, 2023
Starting 1st January 2024, buyers that purchases items below RM500 from overseas sellers through online platform will be subjected to an additional charge of 10% sales tax. Therefore, frequent buyers from online platform such as Shopee and Lazada ought to be aware of this.
Herewith attached shows a summarized important points on the implementation.
If you would like to know more, please contact us at:
Email: info@taxguardsadvisory.com
Source:
Guidelines for The Implementation of Sales Tax On Low Value Goods (LVG).pdf (customs.gov.my)