HRDF Funded - Licensed Manufacturing Warehouse (LMW) : Licensing, Facilitation And Compliance

INTRODUCTION

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 Licensed Manufacturing Warehouse (LMW). 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.     

Training Date :
19th August 2019
1st November 2019

LEARNING OBJECTIVE 

Participants will be able to understand in detail :-

• The Concept of Licensed Manufacturing Warehouse (LMW)
• Exemptions made available and other activities presently allowed in LMWs
• Conditions imposed and compliance issues related to LMWs
• 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

• CEOs
• Managing Directors
• General Managers
• Logistics/ Shipping/ Purchasing/ Export/ Import Managers and Executives
• Business Development Managers and Executives
• Finance Managers
• Accountants
• Tax Consultants
• Existing LMWs
• Manufacturers who desire to obtain import duty exemptions
• Those dealing with RMCD

• Concept of LMW
• Legislation – Section 65 / 65A Customs Act 1967
• Objective of setting up LMWs
• Requirement for Premises

• Exemptions on Raw Materials & Components and conditions imposed
• Exemptions on Machinery, equipment & spare parts and conditions imposed
• Items not eligible for exemptions

• 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
• Disposal / destruction of goods – procedures and documentation
• Goods send for repair and returned for repair
• Documentation – K1, K2, K3, K9, GPB1, GPB2,GPB Am, M1 and M2

• Application,Procedures,Conditions and Documentation related to subcontracts

• Value Added Activities
• Repairing, Servicing & Remanufacturing
• International Procurement Centre (IPC)
• Regional Distribution Centre

P.NADARAJA
LLB (Hons) Lond., CLP (Malaya), ACIS (UK), ACTIM

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 posses an in depth knowledge of various customs legislation including Customs Act, Sales Tax Act, Service Tax Act, Excise Act and other subsidiary legislation. He has vast experience in Customs matters and has been a guest lecturer at the Royal Malaysian 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 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 & Administrators and Chartered Tax Institute of Malaysia (ACTIM) and is currently involved in customs litigation and rendering of consultancy & advisory services on Customs matters.

FEE PAYABLE PER PARTICIPANT :

Normal Price                                          : RM978

Early Bird (15 days before event)       : RM868

Group Fee (>2 participants)                : RM758

Fee includes course materials, lunch, 2 tea breaks per day and Certificate of Attendance (upon completion of the training).

Download our Registration form Here and sent it to us by

Fax : +603 5523 2827

Email : [email protected]

CANCELLATION / TRANSFER

Upon registering, participant(s) are considered successfully enrolled in the event.  Written cancellations / transfer notice received :

• More than ten (10) working days before the event, a refund (less administrative charge of 15%) will be made.
• Ten (10) working days or less before the event, no refund will be made.
• For no show on the day of the event, full payment is required. If you cannot attend the event, you can nominate a substitute at any time without payment of an administration fee.
• A full (100%) refund may be granted if the course is cancelled by Wanfah Prosper PLT (WFP). WFP reserves the right to postpone or cancel the event and / or change facilitator at any time should circumstances beyond its control arises. WFP also reserve the right to make alternative arrangements without prior notice should it be necessary to do so.

Please make cheque payable / direct credit to :WANFAH PROSPER PLT

Accounts Number : 3812930508

Bank : Public Bank Berhad

 
For In House Training requirement, please contact our office at +60355231819 or email to [email protected] to request for a quotation.