This comes after a proposed amendment to the Sales Tax Act 2018 to tax LVG sales through the Sales Tax (Amendment) Bill 2022 on Aug 1 last year. — Photo by rupixen.com on Unsplash
According to an announcement from the Royal Malaysian Customs Department, the low-value goods (LVG) tax originally planned to come into effect on April 1 has been delayed indefinitely.
Legislation regarding how the tax will function has been in effect since early January this year, but the lack of an implementation date with the latest statement has left the deadline for its imposition up in the air.
