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Latest Updates on Sales Tax on Low Value Goods (LVG) Effective from 1 January 2024

  • Sales Tax on low value goods (LVG) will be implemented starting from 1 January 2024
  • The effective date is pending the appointment
  • RMCD has issued an updated Sales Tax on LVG guide as of 3 November 2023
  • There is also an FAQ document on the implementation of Sales Tax on LVG as of 6 November 2023

Source: assets.kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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