Welcome Guest ( Log In | Register )

94 Pages « < 46 47 48 49 50 > » Bottom
Bump Topic Add Reply RSS Feed New Topic New Poll

Outline · [ Standard ] · Linear+

> Malaysia Import Duties

twshen
post Dec 27 2015, 06:54 PM

New Member
*
Junior Member
34 posts

Joined: Apr 2012


Hi can anybody help to answer my question here?
i plan to buy a 160 USD watch and lets say the exchange rate is 4.35, so the watch is rm696(>RM500), will it be taxed? icon_question.gif
b0rhui
post Dec 27 2015, 07:14 PM

On my way
****
Senior Member
689 posts

Joined: Apr 2012



QUOTE(twshen @ Dec 27 2015, 06:54 PM)
Hi can anybody help to answer my question here?
i plan to buy a 160 USD watch and lets say the exchange rate is 4.35, so the watch is rm696(>RM500), will it be taxed? icon_question.gif
*
It will be taxed @ 6% GST. Don't forget to add on freight+insurance charges to the cost.
b0rhui
post Dec 27 2015, 07:15 PM

On my way
****
Senior Member
689 posts

Joined: Apr 2012



QUOTE(LouisLord @ Dec 26 2015, 10:02 PM)
I want to buy smart phone from China less than rm500. Do I need to pay custom tax?
*
For phones you won't be taxed but you will be asked to provide SIRIM permit for custom clearance instead
twshen
post Dec 27 2015, 07:29 PM

New Member
*
Junior Member
34 posts

Joined: Apr 2012


QUOTE(b0rhui @ Dec 27 2015, 07:14 PM)
It will be taxed @ 6% GST. Don't forget to add on freight+insurance charges to the cost.
*
I'm sorry but how do we calculate the charges? sweat.gif
LouisLord
post Dec 27 2015, 07:32 PM

New Member
*
Junior Member
12 posts

Joined: Jul 2015


QUOTE(b0rhui @ Dec 27 2015, 07:15 PM)
For phones you won't be taxed but you will be asked to provide SIRIM permit for custom clearance instead
*
Huh, sirim permit? How? Before or after received my item?
b0rhui
post Dec 27 2015, 07:45 PM

On my way
****
Senior Member
689 posts

Joined: Apr 2012



QUOTE(twshen @ Dec 27 2015, 07:29 PM)
I'm sorry but how do we calculate the charges? sweat.gif
*
If everything is declared correctly, you will be taxed at [Cost of item + Freight (shipping) charges + Insurance (sometimes insurance is included in the shipping charges already)] x 0.06 for GST.

QUOTE(LouisLord @ Dec 27 2015, 07:32 PM)
Huh, sirim permit? How? Before or after received my item?
*
They will ask you for SIRIM permit once the shipment arrives at custom and pending for clearance. You may however, apply SIRIM permit in advance, and provide them (the freight company) with whatever documents to proceed for custom clearance.

I'm talking about the usual procedure required in accordance to the law, if you know jack sparow you may be able to bypass SIRIM whistling.gif
LouisLord
post Dec 27 2015, 08:23 PM

New Member
*
Junior Member
12 posts

Joined: Jul 2015


QUOTE(b0rhui @ Dec 27 2015, 07:45 PM)

They will ask you for SIRIM permit once the shipment arrives at custom and pending for clearance. You may however, apply SIRIM permit in advance, and provide them (the freight company) with whatever documents to proceed for custom clearance.

I'm talking about the usual procedure required in accordance to the law, if you know jack sparow you may be able to bypass SIRIM  whistling.gif
*
Man. I think I better buy phone in local
maz07
post Dec 28 2015, 12:15 PM

New Member
*
Newbie
1 posts

Joined: Nov 2011
From: Sabah


Hi, can anyone share the way these custom import duty are counted? I found the old version here but as you know we got GST. Pls share the new one.
kherel77
post Dec 28 2015, 01:50 PM

Noobie
******
Senior Member
1,435 posts

Joined: Apr 2011
From: Blank Space



QUOTE(maz07 @ Dec 28 2015, 12:15 PM)
Hi, can anyone share the way these custom import duty are counted? I found the old version here but as you know we got GST. Pls share the new one.
*
What item?
Origin?
Gross weight (packaging)?
Invoice value?

Need this 4 input for duties/taxes/GST calculation.
maz07
post Dec 28 2015, 02:55 PM

New Member
*
Newbie
1 posts

Joined: Nov 2011
From: Sabah


@kherel77. It's a silicone product(like smartphone case). Origin is China. The weight probably is 3KG. Total is $280(including shipping). Do you have the formula to count this import duty? Thanks.
kherel77
post Dec 28 2015, 04:44 PM

Noobie
******
Senior Member
1,435 posts

Joined: Apr 2011
From: Blank Space



QUOTE(maz07 @ Dec 28 2015, 02:55 PM)
@kherel77. It's a silicone product(like smartphone case). Origin is China. The weight probably is 3KG. Total is $280(including shipping). Do you have the formula to count this import duty? Thanks.
*
Phone case ; Tariff Code 4202.99 900 -> Import duty 0%, GST 6%
Origin China ; Min freight rate (<45kg) is RM126.68

Only GST calculation for you item:
=(Inv value + 10% insurance + IATA freight rate) x 6% (GST)
=(RM280 + RM28 + RM126.68) x 6%
=RM434.68 x 6%
=RM26.00

But your CIF value is under RM500, so you can ask for duty/tax exemption under "Customs Duties Exemption Order 1988 Item#172: Any goods below RM500 CIF value using air courier services thru KLIA, Subang, Bayan Lepas, Senai, KK & Kuching airport will be duties/taxes exempted except cigarettes, liquors & tobaccos."
shk312
post Dec 28 2015, 05:51 PM

Getting Started
**
Junior Member
57 posts

Joined: Jul 2008
Hi, if i would like to import PC from HK for business purpose (reselling). May I know how to apply SIRIM cert?

PC is 0% import duty rite? please correct me if i was wrong
maz07
post Dec 28 2015, 05:57 PM

New Member
*
Newbie
1 posts

Joined: Nov 2011
From: Sabah


@kherel77. That is very precise calculation. I would have given you a thumbs up or add your reputation if possible(couldn't find the button to do that) thumbup.gif . BTW, how do you find the product code? Where do you get it? How do you get the IATA freight rate? Can you provide a formula for a taxable item? Thank you.

Edited: Sorry, it was RM1203.58(after converted), not RM280.

This post has been edited by maz07: Dec 28 2015, 06:58 PM
kherel77
post Dec 28 2015, 07:23 PM

Noobie
******
Senior Member
1,435 posts

Joined: Apr 2011
From: Blank Space



QUOTE(maz07 @ Dec 28 2015, 05:57 PM)
@kherel77. That is very precise calculation. I would have given you a thumbs up or  add your reputation if possible(couldn't find the button to do that)  thumbup.gif . BTW, how do you find the product code? Where do you get it? How do you get the IATA freight rate? Can you provide a formula for a taxable item? Thank you.

Edited: Sorry, it was RM1203.58(after converted), not RM280.
*
Tariff code can check thru several website whether free or paid one. Then I'd cross checked with my Customs Duties "kitab" at my workplace....

IATA freight rate is given by my shipping agent. Btw, it's only applicable to air-courier company only. For bulk forwarder agent, they use different rate.

I think i'd post duty/tax/GST calculation previously..try check it out..

So GST calculation for your items:
=(Inv value + 10% insurance + IATA freight rate) x 6% (GST)
=(RM1230.58 + RM123.06 + RM126.68) x 6%
=RM1480.32 x 6%
=RM88.82

maz07
post Dec 28 2015, 07:40 PM

New Member
*
Newbie
1 posts

Joined: Nov 2011
From: Sabah


@kherel77, let's just assume the item that I am trying to buy is taxable. For example, maybe PC accessories or something taxable. What is the formula? The previous formula is non-taxable. Right? BTW, it's really nice to have someone from Kastam here. Thank you for your help.

This post has been edited by maz07: Dec 28 2015, 08:09 PM
kherel77
post Dec 28 2015, 08:19 PM

Noobie
******
Senior Member
1,435 posts

Joined: Apr 2011
From: Blank Space



QUOTE(maz07 @ Dec 28 2015, 07:40 PM)
@kherel77, let's just assume the item that I am trying to buy is taxable. For example, maybe PC accessories or something taxable. What is the formula? The previous formula is non-taxable. Right? BTW, it's really nice to have someone from Kastam here. Thank you for your help.
*
GST is the tax. Previous calculation is for no Import Duties.

Sample for 20% Import Duty & 6% GST
Invoice value = RM1047 after convert
Origin = USA
Weight = 2.0kg (but min IATA freight rate from USA is RM421.59 for less 45.0kg)

Duty calculation:
(Invoice value + 10% Insurance + IATA freight rate) x 20% Import duty
(RM1047 + RM104.7 + RM421.59) x 20% = RM314.66

Est. GST:
(Shipping + Insurance + freight rate + Import duty) x 6% GST
(RM1047 + RM104.7 + RM421.59 + RM314.66) x 6% = RM113.28

Total duty & GST to pay ~ RM427.94
maz07
post Dec 28 2015, 08:36 PM

New Member
*
Newbie
1 posts

Joined: Nov 2011
From: Sabah


@kherel77, I mean custom duties. Sorry, luckily you get what I mean. Alright, thank you for the very informative info. Very helpful. smile.gif
maz07
post Dec 29 2015, 05:02 PM

New Member
*
Newbie
1 posts

Joined: Nov 2011
From: Sabah


@kherel77, what if i bought something that cost RM480 and the shipping is free? Does the seller still need to include the shipping invoice? So far, small items that i bought on eBay doesn't provide it but that's because it's a small packet. Is free shipping needed to be written on the invoice? Appreciate if you can provide full guide on free shipping thing. Thanks. smile.gif
kingsora
post Jan 6 2016, 12:51 PM

Louis Litttt
******
Senior Member
1,407 posts

Joined: Jul 2009
Hi guys,

Can calculate how much my import duty and tax

What item? - Lego
Origin? - USA
Gross weight (packaging)? - 3.36 Kg
Invoice value? - RM1300.46 (Including Shipping)

Thank you.

kherel77
post Jan 7 2016, 04:28 PM

Noobie
******
Senior Member
1,435 posts

Joined: Apr 2011
From: Blank Space



QUOTE(maz07 @ Dec 29 2015, 05:02 PM)
@kherel77, what if i bought something that cost RM480 and the shipping is free? Does the seller still need to include the shipping invoice? So far, small items that i bought on eBay doesn't provide it but that's because it's a small packet. Is free shipping needed to be written on the invoice? Appreciate if you can provide full guide on free shipping thing. Thanks.  smile.gif
*
Actually shipping free terms is only between buyer & seller. As the items is small, maybe seller use the cheapest air-registered-postal service & absorb the cost but add in sale value. In Customs duties/taxes calculation, freight rate is using IATA standard as per i've told before. If there is no invoice, Customs will take the info & value from Air Way Bill whether Master or House AWB.

*p/s: to tag a members
CODE
[@maz07]


It will become maz07

This is why i missed your post for few days hmm.gif

This post has been edited by kherel77: Jan 7 2016, 04:35 PM

94 Pages « < 46 47 48 49 50 > » Top
 

Change to:
| Lo-Fi Version
0.0191sec    0.50    6 queries    GZIP Disabled
Time is now: 28th November 2025 - 07:31 PM