For example,
If i buy a car at Australia for RM100,000 and i want to bring back to Malaysia after i stay there for 3 years and above.
How the tax counts? The car is 5.0L.
Importing A Vehicle To Malaysia
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 May 16 2008, 02:49 PM
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#1
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Junior Member
48 posts Joined: Apr 2008   
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I don't really understand how to calculate the tax for import.
For example, If i buy a car at Australia for RM100,000 and i want to bring back to Malaysia after i stay there for 3 years and above. How the tax counts? The car is 5.0L. |
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May 16 2008, 10:51 PM
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#2
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Junior Member
48 posts Joined: Apr 2008
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But it still worth right? I means how much actually cost in Malaysia if i can buy the car at Australia for RM100,000?
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May 17 2008, 09:28 AM
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#3
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Junior Member
48 posts Joined: Apr 2008
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QUOTE also you could look at it this way.. a brand new car (less than a year) would cost you about RM300,000 (value + tax), after 3 years, it will cost you about RM200,000 (value + tax). That RM300,000 ( value + tax ) is the cost of buying car at Malaysia or overseas? |
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May 18 2008, 10:36 AM
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#4
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Junior Member
48 posts Joined: Apr 2008
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QUOTE buying a brand new car(5L) overseas at RM100,000 for less than a year (but more than 9 months) will be taxed about RM200,000... so total.. would roughly be RM300,000 The tax costs a bomb!!  |
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