ANNOUNCEMENT 31 Mar 2017
On 31 March 2017, the Malaysian authorities amended the Customs Duties Order 2017 of 3 January 2017 imposing import and export duties on a number of goods. The amendments come into force on 1 April 2017.
NUMBER OF INTERVENTIONS
Customs Duties (Amendment) Order 2017 - P.U. (A) 101 of 31 March 2017: http://www.federalgazette.agc.gov.my/outputp/pua_20170405_P.U.(A)101.pdf
The Malaysian authorities imposed import duties on polyurethane tar coatings from 5% to 25% (HS code subheading 2715.00.10) and other plastic, sheet, film, foil or strip of additional polymerization products (HS code subheading 39126.96.36.199) from 0% to 20%.
Besides increased import duties, the Malaysian government expanded the products of baulks, sawlog and veneer logs falling under subsections of HS code subheading 4403.99.10 to impose export duties on said goods. The export duty is 15%.