Imposition of Tax on Low Value Goods Sales Tax (Amendment) Bill 2022
Updated: Aug 24, 2022
124.1 Sales Tax (Amendment) Bill 2022
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The Sales Tax (Amendment) Bill 2022 was passed with a majority voice vote by Dewan Rakyat (House of Representatives) on August 4, 2022.
A sales tax would be imposed on low-value goods (LVG) sold by registered sellers or sellers liable to be registered through online platforms and delivered to Malaysia under the terms of the Bill, which was presented for the first reading on Monday (1 August).
No amendments were made when the bill was debated in Parliament for the second and third readings.
Before the bill can be signed into law, it must first be approved by the Dewan Negara (Senate), Malaysia's upper parliament.