Fahmi: 10% tax only applies to imported goods under RM500 bought online


KUALA LUMPUR: The 10% sales tax on online purchases is only applicable to imported goods valued under RM500, says Fahmi Fadzil.

The Communications Minister said this was to enhance the competitiveness of local products which were not affected by the tax when bought online.

"It only applies to products imported from overseas that are sold online in Malaysia. Products produced in the country are not affected. So, I hope this will clear up misunderstandings among the public about the tax.

"We can refer to the official website of the Customs Department for more detailed information and from time to time, we will carry out monitoring to ensure the people, especially sellers and buyers who carry out online transactions, really understand (the tax)," he said.

Fahmi, who is the unity government spokesperson, was speaking at a press conference after launching the Reuse, Educate, Nurture and Empower with Waste (RENEW) programme at Dataran Sri Angkasa Jaya here Saturday (Dec 17).

The Royal Malaysian Customs Department announced on Saturday (Dec 17) that Malaysia will start charging a 10% sales tax on low value goods (LVG) sold online from Jan 1, 2024.

On the RENEW programme organised by the Institute of Continuing Education Professional Studies (iCEPS) of Universiti Teknologi MARA (UiTM), Fahmi, who is Lembah Pantai MP, said it was a good initiative towards preserving the environment.

He said more than 100kg of used cooking oil was collected, thus reflecting the increased awareness of the local community around Lembah Pantai on used cooking oil management. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Lawmaker urges Oversight Committee for resource management transparency
Dec 18 case mention for woman charged with attempted murder of UiTM student
Umno, Selangor Umno negotiating settlement over SRC’s RM19.5mil suit
QR use at causeway to be extended to all forms of transportation
Digital Ministry is developing a new policy to foster SME technology adoption
CAAM voices concerns over 'motorised luggage'
Sabah’s Ocean Thermal Energy Conversion plans on the right track, says Hajiji
Sarawak looking to increase penalty for third-party damage to water pipes, says state minister
Malaysia's steel production capacity to be reviewed amid rising concerns of overcapacity
Severe weather expected in six states until 5pm today

Others Also Read