Page 154 - Official Year Book 2020

▶ Offered to Bumiputera ▶ Limiting transhipment of
contractors who deal with
the Government to facilitate
cash flow in implementing
projects
Measure 2 : Sustainability of
Government’s Revenue
Reinforcement of Multi-Agency
Task Force with the participation
ofthe Malaysian Anti-Corruption
Commission and the National
Anti-Financial Crime Centre
▶ To fight against the smuggling ▶
of high duty goods
Effective 1 January 2021, the
Government will implement the
following measures:
▶ Freezing the issuance of new
import license for cigarette
▶ Tightening the renewal of
import license for cigarette
through review of license
conditions including the
imposition of import quota
O150 FFICIAL YEAR BOOK 2020
cigarette to dedicated ports
only
▶ Imposition of tax on the
importation of cigarettes
with drawback facilities for
re-export
▶ Disallow transhipment of
cigarettes and re-export of
cigarettes by small boats
including kumpit
I m p o s i t i o n o f t a x o n
cigarettes and tobacco
products in all Duty-Free
Islands
Impose excise duty rate of 10% on
devices for all types of electronic
and non-electronic cigarettes
includingvape effective 1 January
2021
Liquid used in electronic
cigarettes will be imposed an
excise duty at a rate of 40 cents
per millilitre