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Licensed Manufacturing Warehouse (LMW)

Date: 28 April 2020 (Tuesday)
Time: 9.00am to 5.00pm
Venue: Eastin Hotel, Petaling Jaya

OBJECTIVE

The objective of this Seminar is to provide participants with the detailed knowledge of Licensed Manufacturing Warehouse. The seminar will highlight in detail the eligibility criteria, procedures, documentations and conditions related to LMWs. Not the least the program will highlight to the participants the common mistakes/pitfalls made by LMW companies which will be subjected to Customs Audit. The seminar will also cover the latest amendments which takes effect from 01.01.2020.

BENEFITS

Participants will be able to understand in detail :-

  • Concept of Licensed Manufacturing Warehouse
  • Exemptions made available and other activities presently allowed in LMWs
  • Conditions imposed and compliance issues
  • Procedures and Documentations related to LMWs
  • Common mistakes made by LMW companies and how to avoid them
  • WHO SHOULD ATTEND?

    This course is suitable for existing LMWs and other manufacturers who desire to obtain import duty exemptions, tax consultants, finance mangers and accountants.

    LEARNING METHODOLOGY

    Power Points Presentation, Discussions and Case Studies.

    COURSE OUTLINE

    Module Title
    MODULE 1 Customs Organisation & Structure
    MODULE 2 Relevance of LMW license to Manufacturing Companies
    MODULE 3 Licensed Manufacturing Warehouse
  • Concept of LMW
  • Legislation – Section 65/65A Customs Act 1967
  • Objective of setting up LMWs
  • Requirement for Premises
  • MODULE 4 Application for LMW License/Documentation
    MODULE 5 Exemptions under LMW
  • Exemptions on Raw Materials & Components and conditions imposed
  • Exemptions on Machinery, equipment & spare parts and conditions imposed
  • Items not eligible for exemptions
  • MODULE 6 LMW procedures and documentation
  • Movement of goods & documentations
  • Release to domestic market and payment of duty
  • Procedures to apply for ATIGA rate of duty on local sales
  • Procedures related Third Party Exports
  • Goods send for repair and returned for repair
  • Documentation – K1, K2, K3, K9, GPB1, GPB2, GPB Am, M1 and M2
  • MODULE 7 Waste & Scrap – Application & documentation
  • Application for remission of duty
  • Sale of waste & scrap
  • Destruction of waste & scrap
  • MODULE 8 Farming out / subcontract
  • Application, procedures, conditions and documentation related to subcontracts
  • MODULE 9 Accounting for losses by fire, floods and theft
    MODULE 10 Control over premises and enforcement by controlling station
    MODULE 11 Activities other than Manufacturing
  • Value Added Activities
  • Repairing, Servicing & Remanufacturing
  • International Procurement Centre
  • Regional Distribution Centre
  • MODULE 12 Activities other than Manufacturing
  • Value Added Activities
  • Repairing, Servicing & Remanufacturing
  • International Procurement Centre
  • Regional Distribution Centre
  • MODULE 13 Conditions of LMW and penalty for non compliance
    MODULE 14 Common LMW Compoundable Offences
    MODULE 15 Offences & penalties

    TRAINER’S PROFILE

    P. Nadaraja was formerly with the Royal Malaysia Customs (1981-1997) as a Senior Officer of Customs having served in various units and his key areas of focus includes customs administration, import and export procedures, classification, valuation, licensing and compliance matters. He possess an indepth knowledge of various customs legislations including Customs Act, Sales Tax Act, Service Tax Act, Excise Act and other subsidiary legislations. He has vast experience in Customs matters and has been a guest lecturer at the Royal Malaysia Customs Academy in Malacca on various occasions to deliver lectures on various aspects of Customs laws and procedures.

    In 1997 he left the Customs Department on optional retirement for private practice as an Advocate and Solicitor.

    He is now involved in legal practice and at the same a time is actively involved in conducting seminars and workshops on customs matters. He has also conducted in house training for various companies including statutory bodies and has advised and consulted upon by companies on issues such as customs and sales tax valuation, classification, service tax matters, drawback, refunds, exemptions and others. He was officially appointed by the Customs Department to conduct Basic Customs Course for forwarding agents during the year 2005 – 2007.

    He is also an Associate of the Malaysia Institute of Chartered Secretaries and Administrators and an Associate Member of Chartered Tax Institute of Malaysia (ACTIM) and is currently involved in customs litigation and rendering of consultancy services on Customs matters.

    COURSE FEES

    Early bird fee: RM954 per person – Register before 21 April 2020

    Normal price: RM1, 166 per person
    – SBL Claimable (includes Lunch, Tea-Breaks, Course Notes, Certificate of Attendance and 6% SST)

    *Group discount of 10% available (for 3 or more participants from the same company)

    ORGANISER

    Malaysian Export Academy
    No. 86, Jalan BP 7/8,
    Bandar Bukit Puchong,
    47120 Puchong, Selangor.

    Tel : 03 8066 3107
    Fax: 03 8066 6152

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