CUSTOMS DOCUMENTATION, RULING, FACILITIES & LICENSED MANUFACTURING WAREHOUSE (LMW)
Training by
OTC Training Centre Sdn Bhd
Inquire Now
On-Site
/ Training
Details
INTRODUCTION FOR CUSTOMS DOCUMENTATION, RULING, FACILITIES & LICENSED MANUFACTURING WAREHOUSE (LMW)
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. 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. 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 was introduced in line with Government’s policy to further promote the development of the export-oriented industries. 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 Customs Documentation, Ruling, Facilities & LMW concepts.
COURSE OBJECTIVE
-
Understand the concept, guidelines, rules and regulations related to LMW
-
Understand the License Application and Renewal procedures LMW
-
Develop Knowledge on documentation, License, Custom Duties & Facilities
-
To understand other facilities granted to LMW License holders
-
Update information on responsibilities of LMW Licensee
-
To enhance participants knowledge & skills on the Import & Export Documentations.
-
Develop Participants knowledge on Custom Ruling & Facilities.
Outline
COURSE CONTENT
DAY 1
Module 1: Customs Documentation, Procedures & Prohibitions
- Customs Documentation
- Import & Export Procedures related to Customs
- Import & Export Prohibitions
Module 2: Customs Ruling
- Export, Import & Excise Duties
- Sales Tax & Vehicle Levy
- Import License
DAY 2
Module 3: Customs Facilities & Incentives
- Bonded Warehouse & Direct Release System
- Free Zones, Free Trade Agreements
- AEO, ACTS, ATA Carnet etc.
Case studies & Group Work
Module 4: Understanding LMW
- Key Concepts of LMW
- Objectives of establishing LMW
- Activities in LMW
Module 5: LMW Requirements
- Eligibility for LMW Status
- Premises & Location of LMW
- Enforcement
Module 6: LMW Documentation & Procedures
- License Application & Renewal procedure
- Documents related to LMW
- Documents needed for movement of goods
Module 7: LMW Facility and Incentives
- Import Raw materials, spare parts and machinery
- Re-import Goods & machinery
- Principal Hub
Module 8: LMW Licensee Responsibilities
- Submission of Periodical Reports to Customs
- Documentation & procedures for Disposal of goods(scrap)
- Offences
Case studies & Group Work
Special Offer
Register 3 Participants From Your Organization And Get The 4th Participant For Free!
The promotion expiry date for each programmes differs. For more information on the exact expiry date of the promotion, feel free to contact us.
OTC Training Centre Sdn Bhd may at any time in its sole and absolute discretion withdraw, amend and/or alter the terms and conditions of the stated promotions without prior notice.
The promotion expiry date for each programmes differs. For more information on the exact expiry date of the promotion, feel free to contact us.
OTC Training Centre Sdn Bhd may at any time in its sole and absolute discretion withdraw, amend and/or alter the terms and conditions of the stated promotions without prior notice.
Schedules
Jun 10, 2024 - Jun 11, 2024
| Mon, Tue | 09:00 AM — 05:00 PM |
| No. of Days: | 2 |
| Total Hours: | 14 |
Reviews
Be the first to write a review about this course.
Write a Review
OTC Training Centre Sdn Bhd is an innovation leader in the development and delivery of practical outsourcing training programs for the past 17 years. Since then, OTC has supported thousands of companies to upskills their employees with personalized content and learning solutions. Today, we have evolved to provide a full suite of outsourcing services in the learning and development field.
Our training programs are entitled to HRDCorp claim, with our trainers being certified by HRDCorp as well. As a training provider, we aspire to keep providing the best training to our respected clients to ensure their satisfaction while using our service as the training provider.
Related Courses
Wanfah Prosper
