Tax-Free Limit In Langkawi Raised To RM1,000
Author Avatar

 

Tax-Free Limit In Langkawi Raised To RM1,000(Image: The Malaysian Insider)

Prime Minister Tun Dr Mahathir Mohamad has declared that the purchase limit of taxable goods in Langkawi has been raised from its previous cap at RM500. Tourists from the mainland shopping in Langkawi Island can now spend up to RM1,000 on duty-free items.

“I have not yet gotten the approval of my colleagues in the government on how much the people from the mainland can purchase in Langkawi and bring to the mainland,” said Dr Mahathir, who is also the Langkawi MP. “But even though I have yet to get approval, I still want to declare here that we will allow tourists from the mainland shopping in Langkawi not to pay taxes (if they spend up to) RM1,000, not RM500 (previously).”

Dr Mahathir made this announcement during the officiating of the Langkawi parliamentary constituency’s service centre last week. He said the move was to encourage more tourist arrivals to the island, thus uplifting the socio-economic status of the residents here, and reiterated his assurance that Langkawi would retain its duty-free status.

The new limit does not include liquor and cigarettes which are harmful to health, so the current restrictions on these items remain. The Excise Duties Order implemented in Langkawi in 2016 limits each visitor to three cartons of cigarettes, five litres of liquor, and three crates of beer per month.

According to Dr Mahathir, Langkawi is well-known as a world tourist destination, but still needs more outside investments to implement projects and build factories, giving its people good job opportunities, good wages, and a higher income.

“They have to work hard,” Dr Mahathir pointed out. “Nevertheless, I am confident that the people of Langkawi are hardworking – they will work and get good salaries from their employers.”

(Source: New Straits Times

 

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Top Personal Finance News Articles
Top Personal Finance News Articles
Post Image
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
ringgitplus
- 17th April 2024
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Astro 4K Ultra HD Broadcast To Be Available For Subscription By The End of This Year
Brian Chung
- 14th August 2018
By the end of 2018, Astro customers will be able to watch football matches in Ultra HD. Read on to know more about the 4k Ultra HD service.
Post Image
Best High Interest Savings Accounts In Malaysia (April 2024)
Pang Tun Yau
- 17th April 2024
Make your money work for you by depositing them into the best high-interest savings accounts in Malaysia!
Post Image
Historical EPF Dividend Rates
ringgitplus
- 4th March 2024
Ever wondered how this year's EPF dividend rate compares to previous years? We got you covered with our historical 11-year chart!

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image