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NSB/36/2020 Licensed Manufacturing Warehouse (LMW) Concept, Guidelines, Laws & Regulations By Royal Malaysian Customs Department Negeri Sembilan December 16, 2020 9.00am – 5.00pm Remote Online Training via ZOOM To understand the concept, guidelines, laws and regulations with regards to LMW To understand the application procedures for license & renewal procedures for an LMW To understand the licensing conditions of a Licensed Manufacturing Warehouse To identify other facilities granted to LMW holders with regards to LMW license To understand Value-Added Activities & Others To know Areas of Non Compliance of LMW licensing conditions November 25, 2020 FMM NS WEBINAR ON Course Content Training will be conducted in Bahasa Malaysia. A Licensed Manufacturing Warehouse (LMW) is a premise licensed under Section 65A of the Customs Act 1967 and is directly controlled by the Royal Malaysian Customs, by way of documentation and subject to all Customs rules and regulations. By learning more about LMW, it can provide the individual the confidence in yielding good results, cost savings, avoiding unwarranted penalties and non-compliances. Therefore it is important that manufacturing companies with the facilities of a Licensed Manufacturing Warehouse (LMW) to fully understand the conditions imposed and the procedures that need to be adhered to, so as to ensure good practices and compliances. This LMW seminar would also be a good platform to clarify actual issues highlighted and address their concerns. This program with its latest updates is designed to impart knowledge on Licensed Manufacturing Warehouse to the participants. This would help them to better understand and comply with the requirements and avoid breaches of LMW conditions or procedures. Introduction Objectives Introduction of Licensed Manufacturing Warehouse (LMW) LMW concept under Section 65/65A Customs Act 1967 Application & renewal of LMW licence Conditions of LMW licence under Section 65/65A Customs Act 1967 Facilities and incentives – Eligibility & procedure for application Duty exemption on raw material / components / machineries / equipment / spares Submission of monthly M1, M2, M3 / yearly returns M4. Common areas of non-compliances of LMW licensing conditions. Application for disposal of wastes or scraps, obsolete parts, rejected finished goods, defective raw materials, machinery & equipment Waste disposal procedures Download and install ZOOM app on your laptop/desktop before the training. Good Internet /Wi-Fi connectivity Username and Password will be provided upon confirmation of the training.

Licensed Manufacturing Warehouse (LMW) Concept, … 16, 2020 - Licensed...Licensed Manufacturing Warehouse (LMW) Concept, Guidelines, Laws & Regulations By Royal Malaysian Customs

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Page 1: Licensed Manufacturing Warehouse (LMW) Concept, … 16, 2020 - Licensed...Licensed Manufacturing Warehouse (LMW) Concept, Guidelines, Laws & Regulations By Royal Malaysian Customs

NSB/36/2020

Licensed Manufacturing Warehouse (LMW) Concept, Guidelines, Laws & Regulations

By Royal Malaysian Customs Department Negeri Sembilan

December 16, 2020 9.00am – 5.00pm Remote Online Training via ZOOM

To understand the concept, guidelines, laws and regulations with regards to LMW

To understand the application procedures for license & renewal procedures for an LMW

To understand the licensing conditions of a Licensed Manufacturing Warehouse

To identify other facilities granted to LMW holders with regards to LMW license

To understand Value-Added Activities & Others

To know Areas of Non Compliance of LMW licensing conditions

November 25, 2020 FMM NS WEBINAR ON

Course Content

Training will be conducted in Bahasa Malaysia.

A Licensed Manufacturing Warehouse (LMW) is a premise licensed under Section 65A of the Customs Act 1967 and is directly controlled by the Royal Malaysian Customs, by way of documentation and subject to all Customs rules and regulations. By learning more about LMW, it can provide the individual the confidence in yielding good results, cost savings, avoiding unwarranted penalties and non-compliances. Therefore it is important that manufacturing companies with the facilities of a Licensed Manufacturing Warehouse (LMW) to fully understand the conditions imposed and the procedures that need to be adhered to, so as to ensure good practices and compliances.

This LMW seminar would also be a good platform to clarify actual issues highlighted and address their concerns. This program with its latest updates is designed to impart knowledge on Licensed Manufacturing Warehouse to the participants. This would help them to better understand and comply with the requirements and avoid breaches of LMW conditions or procedures.

Introduction

Objectives

Introduction of Licensed Manufacturing Warehouse (LMW) LMW concept under Section 65/65A Customs Act 1967 Application & renewal of LMW licence Conditions of LMW licence under Section 65/65A Customs Act 1967 Facilities and incentives – Eligibility & procedure for application Duty exemption on raw material / components / machineries / equipment / spares Submission of monthly M1, M2, M3 / yearly returns M4. Common areas of non-compliances of LMW licensing conditions. Application for disposal of wastes or scraps, obsolete parts, rejected finished goods, defective raw

materials, machinery & equipment Waste disposal procedures

Download and install ZOOM app on your laptop/desktop before the training.

Good Internet /Wi-Fi connectivity

Username and Password will be provided upon confirmation of the training.

Page 2: Licensed Manufacturing Warehouse (LMW) Concept, … 16, 2020 - Licensed...Licensed Manufacturing Warehouse (LMW) Concept, Guidelines, Laws & Regulations By Royal Malaysian Customs

REGISTRATION FORM

FMM Negeri Sembilan Branch Fax : 06-603 1628

Name Designation Email

1. __________________________________ _________________________ ____________________________

2. __________________________________ _________________________ ____________________________

3. __________________________________ _________________________ ____________________________

Payment:

Full payment of RM___________ will be made via Cheque/bank draft Direct bank-in

Please Tick (/) FMM Member FMM Membership No :

Submitted By: NON– Member

Name : _________________________________________________ Designation : __________________________________

Company : ____________________________________________________________

Address : _____________________________________________________________

_____________________________________________________________________

Tel : ________________________________ Fax : ___________________________

Email : _____________________________________________ Company Stamp

FMM NS WEBINAR ON

Licensed Manufacturing Warehouse (LMW) Concept, Guidelines, Laws & Regulations

By Royal Malaysian Customs Department Negeri Sembilan

Participation Fee (fee is inclusive of SST at 6%)

Members : RM445.20 per pax Non-Members : RM498.20 per pax 5% Discount for Group Registration of three (3) or more participants from the same company.

TUAN BONNY BIN IRAM

Tuan Bonny bin Iram is currently the Senior Assistant Director II in Bahagian Perkastaman, Royal Malaysian

Customs Department of Negeri Sembilan .

Closing Date : 9 December 2020

LMW license holders include: Shipping / Finance /

Purchasing / Sales & Marketing / Human Resource /

Warehouse – Managers ,Executives & Officers

Target Participants

Speaker’s Profile

For enquiries, kindly contact: FMM Negeri Sembilan Branch

Ms Herdawaty, [email protected] Ms. Niza, [email protected]

Tel: 06-603 1626/1616 Fax: 06-603 1628

December 16, 2020 9.00am – 5.00pm Remote Online Training via ZOOM

Upon faxing/mailing the completed Registration Form to FMM, you

are deemed to have read and accepted the terms and conditions. The program would also be deemed as confirmed unless informed otherwise.

Cheque made payable to Federation of Malaysian Manufacturers.

All registration together with the payment should be made before the event date. Certificate will only be issued upon full payment.

Malayan Banking Berhad A/C No: 505176510151 FMM’ SST Registration No: W10-1901-32000105

CANCELLATION

Must be made in writing with reasons to FMM

Full payment charged for cancellation within 2 days prior to the

programme.

50% payment charged for cancellation between 3-6 days.

No payment charged for cancellation within 7 days prior to the

programme.

Participants who did not turn-up will be charged full payment.

Replacement can be accepted at no additional cost.

FMM reserves the right to cancel or reschedule the program.