The Customs or Import dutyA tax charged on certain goods which are brought into a coun... for Hair wigs to Malaysia is classified under Accessories(cdf categories).
The HSCODE applied for Hair wigs is 67-4-20-0-0
The taxA fee imposed by a government on personal or corporate incom... is applied on the total sum of item cost, insurance cost and shipment cost.
The custom/import taxes are:
General duty is 10%
The average VAT rate applicable in Malaysia is 0.06
Note: If the special tariffA government tax on imported and exported goods. rate is NULL then general duty is applicable.
The other taxes applicable are:
Excise Duty(Alc & tob)
To know more information on which tariff rate is applicable from the country you are importing to, look here
To get the accurate amount, calculate here
Calculation method:
Customs Duties or Import dutyA tax charged on certain goods which are brought into a coun... and taxes will be pending and need to be cleared while importing goods into Malaysia Either by a private individual or a commercial entity.
The valuation method is CIF.
- The import dutyA tax charged on certain goods which are brought into a coun... and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight and the cost of insurance.
- In addition to duty, imports are also subject to Sales TaxKnown as VAT (Value Added Tax) in the UK. A tax based on the... and some products are to excise duty as well.
Below is the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Malaysia :
Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
---|---|---|---|
0% to 50% | 5.74% | ST=6% VAT = ST * (CIF + Duty+ other taxes) |
No duty, if CIF value is less than or equal to MY$ 500(with the exception of alcohol, wine and tobacco products from USA). |
NOTE
- Duties for some products are also based on quantity measurements, like weight or volume.
- Import duties are generally levied on an ad valorem basis but may also be imposed on a specific basis. The ad valorem rates of import duties range from 2% to 60%. Raw materials, machinery, essential foodstuffs, and pharmaceuticalRelating to or engaged in the process of making and selling ... products are generally non-dutiable or subject to duties at lower rates.
- Some electronic products like laptops, electric guitars are not subjected to duty and some products are free from sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the...
- There is no threshold on sales and excise duties.
Excise duties are imposed on a selected range of goods manufactured and imported into Malaysia. Goods that are subject to excise duty include beer/stout, cider and perry, rice wine, mead, un-denatured ethyl alcohol, brandy, whisky, rum and tafia, gin, cigarettes containing tobacco, motor vehicles, motorcycles, playing cards, and mahjong tiles.
The rate of excise duties vary from a composite rate of MYR 0.1 per litre and 15% of the value for certain types of spirituous beverages, to as much as 105% of the value of motorcars (depending on engine capacity).
Please refer detailed information on other taxes of Malaysia.
Prohibited Items:
- No items are prohibited
Other related items:
Leather belts
Gloves & mittens of knitted wool / fine animal hair
Hair wigs
Hair accessory
Hats & beanies – not knitted – of cotton / flax
Key chains
Wallets & money clips of plastic
Calf skins leather
Sunglasses lens
Sports wristbands and power balance bands