Say I want to buy something from Amazon US after 1st April, do I have to pay gst beside the normal import duties? Does order from oversea have to pay gst?
Malaysia Import Duties
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Malaysia Import Duties
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Feb 27 2015, 01:38 PM
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Say I want to buy something from Amazon US after 1st April, do I have to pay gst beside the normal import duties? Does order from oversea have to pay gst?
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Mar 6 2015, 01:08 PM
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Mar 6 2015, 02:07 PM
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QUOTE(b0rhui @ Mar 6 2015, 01:40 PM) http://www.treasury.gov.my/index.php?optio...id=2493&lang=en Since import duty and sales tax will be imposed when value declaration is over RM500 currently, does it mean this also works on gst too? As long as your parcel from oversea doesn't tax by import duty and you don't have to pay gst as well?At present, imported goods are subject to import duty and sales tax unless exempted. Under GST, imported goods will still be subject to import duty but sales tax will be replaced with GST. As to whether the imported goods will be cheaper or more expensive will depend on a number of factors besides the GST rate. |
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Mar 13 2018, 07:28 PM
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Mar 13 2018, 08:06 PM
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QUOTE(lowya @ Mar 13 2018, 07:33 PM) if that is true, isn't that wrong accounting? how can one be taxed more if it shipped far away? I'm not sure what you mean by company being taxed another round, all the custom taxes that I paid so far were for personal use, I only know custom here will use the final price(product price+shipping) as reference for taxing purpose.let's say you import to sell, and your company get tax another round again on income tax. |
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