PROCEDURES AND REQUIREMENT OF IMPORT & EXPORTING OF GOLD JEWELLERY FROM MALAYSIA

Question:

1. Do we need to pay any tax for import & export of Gold Jewellery? if have how much the %?
2. Require of CO?
3. Any others requirement?

Answer:

Dear Sir or Madam,

Please see our answers as follows:

1. Export duty applicable to Gold Jewellery shall be 2%.

2. Import duty applicable to Gold Jewellery originated from Malaysia shall be 0%.

3. For importation of Gold Jewellery, you shall have to show: Custom Declaration, Contract; Invoice, Bill of Lading, Packing List, Insurance, Arrival Notice and C/O.

Kind regards,