The Customs or Import dutyA tax charged on certain goods which are brought into a coun... for Medical equipments to Malaysia is classified under Home & Garden, Furniture(cdf categories).
The HSCODE applied for Medical equipments is 90-22-29-0-0
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 0%
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:
Electronic pumps
Steel utensils
Metal tools and automotive tools
Various woodworking tools
Kitchen equipment
House intercom system
Electric appliances
Sauce pan set
Popcorn machine
Sauce pan set
Housewares
Lawn mowers
Cutters
Medical equipments
Electric appliances
Office essentials and stationery