Malaysia: Postponed implementation of sales tax on “low value goods”; sales tax exemption on pallets
Postponement of the implementation of sales tax on “low value goods” to 1 April 2023 was announced in November 2022
Postponed implementation of sales tax on “low value goods”; sales tax exemption on pallets
The Royal Malaysian Customs Department (RMCD) in November 2022 announced a postponement of the implementation of sales tax on “low value goods” to 1 April 2023 (initially proposed to be effective 1 January 2023).
The RMCD also in November 2022 issued an updated Sales Tax Policy 1/2022 regarding the sales tax exemption on pallets.
Read a December 2022 report prepared by the KPMG member firm in Malaysia
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