Excise (Amendment) Regulations 2023
In exercising the powers conferred by section 85 of the Excise Act 1976, the Minister has made the Excise (Amendment) Regulations 2023. These regulations will come into operation on 1 April 2023 and amend regulation 60A of the Excise Regulations 1977 by substituting the words “not containing nicotine” with “whether or not containing nicotine“. To […]
Sales Tax (Rate of Tax) (Amendment) Order 2023
The Minister has made an order under subsection 10(2) of the Sales Tax Act 2018 [Act 806], i.e. Sales Tax (Rate of Tax) (Amendment) Order 2023. This order came into operation on 1 April 2023. The Sales Tax (Rate of Tax) Order 2022 [P.U. (A) 176/2022] is amended in subparagraph 2(1) by substituting for paragraph […]
Tourism Tax Policy No. 1/2023
The Tourism Tax Policy (TTP) No. 1/2023, dated 16 February 2023, has been uploaded on the MyTTx website by the Royal Malaysian Customs Department (RMCD). Based on the information provided, it is the responsibility of the registered digital platform service provider (DPSP) to charge, collect, account and remit the tourism tax (TTx) from tourists who […]
Windfall Profit Levy (Oil Palm Fruit) Order 2023 [P.U.(A) 31/2023]
Introduction: In accordance with section 6 of the Windfall Profit Levy Act 1998 [Act 592], the Minister has exercised power to make the Windfall Profit Levy (Oil Palm Fruit) Order 2023. The order comes into effect on 1st February 2023. The order prescribes the price of locally delivered crude palm oil per metric ton and […]
Amendment to Customs Duties for ASEAN-Japan Economic Partnership Agreement Goods Order 2023
The Minister, under the powers conferred by subsection 11(1) of the Customs Act 1967 [Act 235], makes the Customs Duties (Goods under the Agreement on Comprehensive Economic Partnership among the Government of the Member States of the ASEAN and Japan) (Amendment) Order 2023. This Order will come into effect on 1 March 2023. The purpose […]
Deferment of imposition of sales tax on low-value goods (LVG)
Sales Tax applies to all taxable goods produced domestically or imported from other countries into Malaysia. Nevertheless, Low-Value Goods (LVG) imported by air couriers from overseas are exempt from Sales Tax under the de minimis facility, which permits a waiver of small tax amounts for efficiency reasons. The Ministry of Finance announced in Budget 2022 […]
Payments via Cheques or Bank Drafts to “Ketua Pengarah Kastam” through the RMCD Counters
The Royal Malaysian Customs Department (RMCD) has issued an important announcement regarding payments made via cheques or bank drafts through RMCD counters. Effective immediately, the name “Ketua Pengarah Negeri” has been changed to “Ketua Pengarah Kastam” for such payments. However, a transitional period has been provided until 30 June 2023, where companies and agents may […]
Tourism Tax (Amendment) Regulations 2023
The Minister, in accordance with section 70 of the Tourism Tax Act 2017, has made the Tourism Tax (Amendment) Regulations 2023. These Regulations have been enforced since 2 March 2023. This post outlines the amendments to the Tourism Tax Regulations 2017 [P.U. (A) 228/2017]:- Addition of Part IIA – Invoice or Receipt: Operators who issue […]
Tourism Tax (Compounding of Offences) Regulations 2023
With the Public Prosecutor’s approval, the Ministry has issued the Tourism Tax (Compounding of Offences) Regulations 2023 under the Tourism Tax Act 2017 [Act 791]. These regulations will come into effect on 2 March 2023 and prescribe certain offences as compoundable, which may be compounded with the written consent of the Public Prosecutor. Upon receiving […]
Tourism Tax (Digital Platform Service Provider) (Amendment) Regulations 2023
The Ministry has issued new regulations, the Tourism Tax (Digital Platform Service Provider) (Amendment) Regulations 2023, which will come into effect on March 2, 2023. These regulations amend the Tourism Tax (Digital Platform Service Provider) Regulations 2021 and require every digital platform service provider issuing an invoice or receipt relating to accommodation premises to include […]
