Update.. just got back from custom office... (1st page, first post info in way-way in need of update).
FOB (Free On Board, the evaluated car value after depreciation calculation).
FOB value = [(Value on the year made, as on custom's list) - (15%,.. earnings/ keuntungan peralih)] x (% depreciation according to the age of the car - table below)
Tambang/freight fare: (not the actual freight fare that you pay, but a fixed value by the customs office, according to the area of import).
Japan/Korea: RM 1200
Europe/UK: RM 1700
S. Africa: RM 1400
NZ/Australia: RM 1200
Insurance: 1.5% of FOB
CIF (Cost, Insurance, Freight) value = FOB + Insurance + Freight fare.Example for a below 2L car from Japan, with an import duty of 80% (refer to table).
Import duty = CIF x 30%.
Excise duty = (Import duty + CIF) x 80%, effectively 104%.
Sales tax = (CIF + Import duty + Excise duty) x 10%, effectively 23.4%
Total tax for a 2L car = 157.4% x CIF value.
table below...for the other cc(s)...
Analysis...best periods/tax.... a day >21months and >60months. <2L engine..