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Malaysia Import Duties
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 Dec 13 2015, 11:48 PM
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#1
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Newbie
0 posts Joined: Dec 2015  
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Can anyone please advise on below:
CIF C-Cost of imported product I- Shipment insurance F - Freight cost My question, the F portion is as per actual freight/shipping cost or calculated as per government "jadual kos tambang bagi dagangan"? Thanks in advance. |
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Dec 18 2015, 10:45 PM
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#2
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Newbie
0 posts Joined: Dec 2015
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QUOTE(kherel77 @ Dec 14 2015, 09:04 AM) Incoterms (EXW, FCA, FAS, FOB, etc....) is only trade's transportation contract/mode between seller & buyer. It doesn't effect with Customs duty/tax calculation. Hi Kherel, thank for your professional advise. "Jadual kos tambang bagi dagangan" use in Customs duty/tax calculation is fix by IATA rate worldwide. They use terms CIF for it because it is mostly standard freight terms use in cross-border trade.  For example, if now i plan to import a some goods from China to Malaysia and I am hiring some shipping agent, then all the taxes and duty will be settled by shipping agent? Sorry for my innocent  |
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Dec 19 2015, 06:49 PM
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#3
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Newbie
0 posts Joined: Dec 2015
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QUOTE(kherel77 @ Dec 18 2015, 11:13 PM) They will process/pay to Customs for duties/taxes (if any) on behalf of you & of coz you have to pay them back. 10Q...really appreciate your advise  |
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Dec 19 2015, 08:15 PM
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#4
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Newbie
0 posts Joined: Dec 2015
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QUOTE(b0rhui @ Dec 19 2015, 06:52 PM) It depends too. If you appointed yourself for custom clearance, or you refused to pay them, they wouldn't clear it for you I get it, but I dont want to make myself busy, so i plan to take the door to door servise from the agent |
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