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Recently I chance upon a post in Lemon 8 that it’s cheaper to buy luxury bags in Malaysia. I was skeptical cause usually imported goods are not much cheaper in Malaysia. But since I’m a bit free today, I decided to browse the website to compare the price of this Chanel 22 mini bag that I bought from Australia few months ago. I was surprise that even before tax refund, Malaysia pricing is already a few hundred dollars cheaper than both SG and AU! it must be due to the strong foreign exchange currency of our SGD.
Immediately I start to google if there’s Tax Refund in Malaysia.
A tourist shall be entitled to the refund of GST under the TRS if s/he satisfies the following conditions:
· S/he is neither a citizen nor a permanent resident of Malaysia, not less than eighteen years of age and holds a valid international passport.
· S/he is a foreign diplomat leaving the country after completion of service in Malaysia and is in possession of a document from the relevant diplomatic or consular mission stating that s/he is departing from Malaysia.
· S/he is not a member of the cabin crew of the aircraft on which s/he is departing out of Malaysia.
· S/he departs Malaysia by means of air transportation from one of the Approved Malaysian Airports.
· S/he must have purchased the eligible goods within 3 months prior to the date of departure.
· S/he is not nor has been employed in Malaysia at any time in the 3 months preceding the date of purchase of the eligible goods.
· S/he must spend at least three-hundred Malaysian Ringgit (RM300) (GST inclusive) at the same Approved Outlet. Accumulation of purchases is allowed if purchases are made from the same Approved Outlet on different days.
· S/he must take the eligible goods out of Malaysia to another country as accompanied (hand carried) or unaccompanied (checked-in) luggage.
After tax refund, we are looking at about $1000 cheaper for this Chanel 22 Mini handbag.
Are you ready to book a flight to Kuala Lumpur, spend a few days there and bring home your dream bag?
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