OVERVIEW

The Royal Malaysian Customs is the government agency that is responsible for nation's indirect tax policy and plays an important role in trade and industry. Various types of documentations are involved in export & import activities. It is therefore important to understand the role of each document and its requirements in international trade In Malaysia, Manufacturing Bonded Warehouse is known as Licensed Manufacturing Warehouse (LMW) established under the provision of section 65/65A of the Customs Act 1967. LMW enables manufacturing processes to be carried out in licensed warehouses subject to minimal customs procedures. This course is meant for employees from supply chain and supporting departments who are keen to enhance their knowledge and understanding on the Custom Regulations, Facilities & LMW concepts.

OBJECTIVES

1. Develop Knowledge on Customs documentation, Customs Regulations & Facilities
2. To understand Incentives granted to LMW License holders
3. Update information on responsibilities of LMW Licensee

WHO SHOULD ATTEND

Logistics, Sales, Procurement, Planning, Operation Managers/ Executives/ Officers/ Supervisors/Team Leaders and Clerical staff

COURSE OUTLINE

Module 1: Customs Regulations & Control

1.1 Import & Export Documentation, Control/Prohibition

1.2 Export/Import License

1.3 SST, Import, Export Duties, Excise Duties & Vehicle Levy

Module 2: Customs Facilities

2.1 Bonded Warehouse

2.2 Free Trade Agreements

2.3 Other Facilities (Free Zones, LMW, AEO, ACTS, Drawback, Ruling, etc)

Module 3: LMW Documentation & Procedures

3.1 License Application & Renewal procedure

3.2 Documents related to LMW

3.3 Documents needed for movement of goods

Module 4: LMW Incentives & Responsibilities

4.1 Exemption on Import Raw materials, spare parts and machinery

4.2 Value Added Incentives

4.3 Documentation & procedures for Disposal of goods(scrap)

4.4 Submission of Periodical Reports to Customs

Module 5: Case studies & Group Work