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> Buying/Importing Goods from Overseas, Custom Tax & Duties

Aileron
post Apr 2 2007, 01:57 AM

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how about wristwatches from overseas?

actually how they found out the CIF value or the original value of the thing to tax?
Aileron
post Apr 2 2007, 06:29 PM

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QUOTE(bbjslee @ Apr 2 2007, 02:35 AM)
Cargo village. Public transport... taxi lor.
Wristwatches are non dutiable and no sales tax.
Malaysia's custom are in certain way quite stupid in doing things. But they are very smart or too smart to get the money out from importers. They have a list of things their average market price in Malaysia and overseas. Yes, they do their homeworks. So let say if you're importing Ray-ban spectacle frame made in China as RM10 per piece, they'll know. Coz, market price is over hundreds!! The base line is for importers to declare a reasonable minimum value for the goods they're importing.
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thank you for your info bro!
now i know how they get the CIF value..lol


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