- July 2, 2019
- Posted by: admin-chai
- Category: Uncategorized
Royal Malaysian Customs Department introduced new sugar tax for sweetened beverages if the total sugar exceeded the threshold. This payment of importer of duty might bring increasing price of sweetened beverages.
The import of sugary beverages especially drinks must be declared in Form K1 (declaration of goods imported) just like other imported products. For domestic sales of dutiable sugary drinks, licensed manufacturers will use the Excise Form No.7 and the declaration will be for a period of one calendar month. This new changes will affect all F&B and retail businesses.
New excise tax shown in table below based on Royal Custom Department :
|Tariff Code||Category||Total Sugar Threshold||Excise Duty Rate||Example|
|2009||Fruit Juice||>12 gram/100 ml||RM0.40/liter||Orange juice|
|2202||a) Carbonated drink, non-alcoholic drink except dairy-based drinks||>5 gram/100ml||RM0.40/liter||
|2202||b) Dairy-based drinks||>7 gram/100ml||RM0.40/liter||Milk with chocolate flavor|