RMDC Remission 2023 of Penalty & Surcharge

RMDC Remission of Penalty & Surcharge

The Royal Malaysian Customs Department (RMCD) has announced Remission Program 2023 on Penalty and Surcharge in their website banner.

Key Summaries of the Remission Program

  • Full payment must be made.

  • The Bill of Demand (BOD) is issued for taxable period on or before 31 December 2022.

  • For cases registered with court, company/ individual is required to inform Civil Officer handling the case by writing in order to participate in this program ( T&C apply).

  • This program is also offered to company/ individual who has received approval to pay outstanding taxes by instalment.

  • The amnesty program run from 1 February 2023 to 30 September 2023 (8 months)

Our Takeaways

Is this Special Voluntary Disclosure Program (SVDP) which is scheduled to start in June 2023?

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