Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: hidden830726 on June 28, 2015, 11:49:04 AM

Title: SEA Country with no GST or Equivalent?
Post by: hidden830726 on June 28, 2015, 11:49:04 AM

I used to purchase watch directly from Stowa (Germany) and with the GST now enforce, it makes me wonder if there is any country nearby where i can send my watch there with no GST or other relevant taxed (much like what Malaysia used to) and i pick up the watch when i went travel there.

To be frank, with the airfare now so cheap especially for flight to country in the South East Asia, i would rather pay for the flight ticket and go for a trip then paying 6% GST just like that.

Off course this is merely an idea. I have no such country in mind, and even if can identify a country, there is another need to have someone you can trust in that country where you can send the watch to the person, while pending for you to go and meet up and retrieve.

Any thoughts?

Title: Re: SEA Country with no GST or Equivalent?
Post by: dualcarb on June 28, 2015, 02:27:54 PM

HK is a duty free haven. No taxes here for imported goods and a flat income tax rate across the board of 17%. No progressive increase as you make more. Very transparent and very efficient public service.


Patrick

Title: Re: SEA Country with no GST or Equivalent?
Post by: hidden830726 on June 28, 2015, 03:09:55 PM

Quote from: dualcarb on June 28, 2015, 02:27:54 PM

HK is a duty free haven. No taxes here for imported goods and a flat income tax rate across the board of 17%. No progressive increase as you make more. Very transparent and very efficient public service.


Patrick

Aha, so i can to my friend at HK and travel there to collect.... True?

How about Langkawi? Or Langkawi only duty free, not tax free?

Title: Re: SEA Country with no GST or Equivalent?
Post by: deriku on June 28, 2015, 03:36:55 PM

Langkawi is interesting. But I bet most stuff still need to be shipped through the usual customs points eg KLIA, Subang etc. So unlikely to escape from GST.


Sent from my iPhone using Tapatalk

Title: Re: SEA Country with no GST or Equivalent?
Post by: Timeless on June 28, 2015, 05:37:31 PM

Brunei, Myanmar, Hong Kong etc. U can request shipper send to hotel, hence collect it when u checkin

Title: Re: SEA Country with no GST or Equivalent?
Post by: ranj85 on June 28, 2015, 06:14:28 PM

Langkawi no gst ... ordered a couple of watches , no extra charge.... :Cheers:

Title: Re: SEA Country with no GST or Equivalent?
Post by: hidden830726 on June 28, 2015, 08:04:16 PM

Quote from: ranj85 on June 28, 2015, 06:14:28 PM

Langkawi no gst ... ordered a couple of watches , no extra charge.... :Cheers:

Sure bo... KL to Langkawi, below RM100.... hahah maybe it will work.

Imagine 10K watches, 6% = RM600..... can pay budget langkawi flight+ budget accommodation liao

Title: Re: SEA Country with no GST or Equivalent?
Post by: hidden830726 on June 28, 2015, 08:10:05 PM

Ok, i search a little:

Quote

APPLICATION OF GST IN DESIGNATED AREAS (Labuan, Langkawi, or Tioman)

Goods supplied within or between designated areas

8. Supplies of goods made by any person within or between designated areas (DA) are not subject to GST. This means that there is no GST (output tax) imposed on such supplies. As such, the supplies made are excluded from the determination of the GST prescribed threshold. Any such person is not required to be registered for GST. Goods imported from overseas into designated areas

9. Any goods imported from overseas is not subject to GST unless they are prescribed by the Minister in the GST (Imposition of Tax for Supplies in respect of Designated Areas) Order 2014 to be subject to GST.

Title: Re: SEA Country with no GST or Equivalent?
Post by: Cocas on June 12, 2016, 04:12:41 PM

Batam Island, Langkawi Island, and Singapore Changi airport are duty free and GST free.