FMM Selangor - LICENSE MANUFACTURING WAREHOUSE (LMW) – Licensing, Facilitation, Control & Update on the Latest GST Rules on Import, Export, Local Sale & Drop Shipment
||March 28, 2017
||08:30 AM - 05:00 PM
||Shah Alam - Concorde hotel Shah Alam
The purpose of having LMW is to enable manufacturer to set up its factory within the warehouse. It is primary intended for export oriented market whose entire production or not less than 80% are meant for export. LMW factories can be established anywhere in the principal customs area. This makes it different from FREE INDUSTRIAL AREAS which have to be gazetted and near to the port. LMW gets the same tax benefits as FIZ such as total tax exemption & GST suspension/relief for its raw materials, components, machinery or equipments which are used directly in the production. More importantly, participants would be able to understand and apply the correct GST procedures on import, export and various types and sales.
Registration Deadline: March 21, 2017
- To understand the concept, guidelines, laws and regulations with regards to LMW;
- To understand the application procedures for license & customs duties exemption, GST suspension and Relief;
- To enable manufacturer to have a more realistic cost analysis on his manufactured product as element of customs tax exemption/ GST suspension/relief is being well taken care of. Hence enable the manufacturer to market his products at a more competitive price;
- To implement the correct GST procedures on customs clearance.
Mr Gor Kin Siang holds a Bachelor of Economics (Hons) from University Malaya. He was formerly with the Royal Customs Department for 31 years. He retired as a Deputy Director of Customs in 2007. Mr Goh has wide experience in the field of import, export, sales tax, service tax, excise, petroleum, finance and industry. Currently, he is a freelancer trainer and has conducted a series of training programmes for the private sector. He also lectures for the Malacca Customs Academy.
Affis / Yati of FMM Selangor Branch
Tel: 03-55692950/ 4471/ 4171,
Fax: 03-5569 4346/ 5569 2576
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