I got this info according to this website
anyone who actually imported goods worth RM500 above got tax after 15th October 2010 do comment!
QUOTE
In order to boost the local tourism industry and to make Malaysia as a shopping haven for branded goods at competitive prices, the government proposes to abolish import duty range from 5% to 30% on about 300 goods favoured by tourists and locals, with immediate effect from Oct 15, 2010.
Heres the source :
http://www.nbc.com.my/blog/?p=230
Added on December 24, 2010, 5:13 pmHere's another interesting update for you guys!
Abolishment of Import Duty on Tourism Products and Daily Used Product
To promote further Malaysia as the leading shopping destination, it is proposed that:
i. import duty of between 5% and 30% currently imposed on handbags, wallets,
suitcases, briefcases, apparel, footwear and hats be abolished;
ii. import duty of between 5% and 20% currently imposed on jewellery, costume
jewellery and ornaments be abolished; and
iii. import duty of between 5% and 20% currently imposed on toys such as dolls and
small scale recreational models be abolished.
To reduce the burden of the rakyat on the cost of daily use products, it is proposed
that:
i. import duty of between 10% and 20% currently imposed on talcum powder, face
powder and shampoo be abolished; and
ii. import duty of between 10% and 20% currently imposed on bedspreads, blankets,
curtains and table cloths be abolished.
These proposals are effective from 4.00 p.m. on 15 October 2010
This post has been edited by Calvin Seak: Dec 24 2010, 05:13 PM