Putrajaya should consider postponing the implementation of the 10% tax on imported low-value goods (LVG) sold online, or apply it selectively to imported items that have Malaysian-made equivalents, MCA president Wee Ka Siong said today.
The Finance Ministry has clarified that the government's decision to impose a 10% sales tax on imported low-value goods (LVG) sold online, effective from January 1 next year, is aimed at levelling the playing field for the local retail industry.
This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source