low-value goods tax

Govt expected to collect RM700 mil a year in high value goods tax

The government is expected to collect tax revenue of RM700 million a year from the implementation of the luxury goods tax, now known as the high value goods tax (HVGT).

Noticeable price increase for LVG online as tax kicks in 

The low-value goods (LVG) tax of 10% on imported items sold online comes into force today but only Shopee is clearly stating to customers that the tax is being charged.

Popular

A man with fire in his belly: Jagdeep remembers his father Karpal’s strength in the face of disability

Despite paralysis from a tragic accident, the DAP stalwart remained a fearless fighter—his legacy now upheld by his son

Daim’s lawyers slam police for ‘failing’ to probe PM over Bloomberg’s power abuse claims

Counsel for former finance minister question why news agency and reporters are being probed instead

Pendirian AGC konsisten, RUU GEG tidak berperlembagaan

Jabatan Peguam Negara secara konsisten berpandangan bahawa Rang Undang-Undang Kawalan Produk Merokok Demi Kesihatan Awam 2023 atau RUU Generasi Penamat (GEG) adalah tidak berperlembagaan (unconstitutional).