Page 195 - eBook: EXIM for Beginner
P. 195

Step 6 : TAX PAYMENT


          Tariff or tax imposed on goods when transported
             across international borders.


          Import tariff of textiles and other item already
             produce in malaysia are apply in order to protect
             domestic industry.


          • Two modes of payment are allowed;

                • EFT (The payment will be done online)

                • Manual payment (cash, cashier order or bank
                  draft and also cheque)


          Rate vary from 0% to 300% and imports are also
             subjects to a10% sales tax and excise taxes.
             However, the average duty rate is less than 8.1%.
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