STW 005 – Licensed Manufacturing Warehouse

1. Warehouses and their roles
2. Licensed warehouses

• Sect. 65 Customs Act 1967
• Public Warehouse
• Private Warehouse
• Tax Free Shop

3. Activities in a typical warehouse
4. Principles of warehouse operations and management
5. Royal Malaysian Customs
6. Organisation Structure & Objectives of CustomsDepartment
7. Roles & Responsibilities of Customs Department
8. Taxation System in Malaysia

• Customs Duty
• Sales tax
• Service Tax
• Excise Duty
• Levy on Goods Vehicle

9.Case studies /Group exercises

• Import/Export Procedures
• Main Entry Points – Road/Sea/Air/Rail
• Documents Used

2.Licensed Manufacturing Warehouse (LMW)

• Concept
• Objectives
• Introduction
• Section 65/ 65A Customs Act 1967
• Operations and procedures

3.Facilities & Incentives Exemption of Customs Duty –  Machines/Equipments, Raw Materials & Components

• Goods not eligible for exemption
• Exemption for Electronic Industries

4.Duty payment

• Payment of Duties for domestic markets
• Purchase by 3rd party for Export
• Movement of goods (procedures & documentation)

5.Subcontract work & farming out

6.Submission of monthly returns to Customs

7.Case Study and Exercises

8.Questions & Answers