CUSTOMS DOCUMENTATION, RULING, FACILITIES & LICENSED MANUFACTURING WAREHOUSE (LMW)

By FACE TO FACE PUBLIC PROGRAM

Date:

19 & 20 Aug 2024 (Every Session 9 am - 5 pm)

MON & TUE

Venue:

AC HOTEL BY MARRIOTT PENANG

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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.

 

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

 

HOW TO ENQUIRY FROM US?

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CUSTOMS DOCUMENTATION, RULING, FACILITIES & LICENSED MANUFACTURING WAREHOUSE (LMW)

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