2 Days Training on LMW – Concepts, Procedures, Documentations & Compliance

     HRD Corp Programme Number : 10001475761

INTRODUCTION

The objective of this Seminar is to provide participants with the detailed knowledge of Licensed Manufacturing Warehouses (LMWs). The course will highlight in detail the eligibility criteria, procedures, documentations and conditions related to LMWs and will guide the participants on the common mistakes/pitfalls made by LMW companies which are generally subjected to frequent Customs Audit. The course will also cover the latest amendments related to LMWs which takes effect from 01.01.2020 and a comparison is made with another exemption facility called MIDA Exemption.

Download Brochure and Registration from HERE

Training Date :
27th – 28th February 2025 (Dorsett Grand Subang, Subang Jaya, Selangor, Malaysia)
5th – 6th June 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
3rd – 4th November 2025 (Hotel Armada Petaling Jaya, Selangor, Malaysia)

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
  • Similarities and Differences between LMW and MIDA exemptions

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

COURSE CONTENT

  1. Customs Objectives and Organisation Structure
  2. Facilities Provided Under Customs Legislation
  3. LMW and Special Area
  4. Legislations Applicable to LMW
  5. Application Procedures for LMW License
  6. Scope of Licensed Manufacturing Warehouse (LMW) 
    • Eligibility Criteria and Concept of LMW
    • Legislation – Section 65 / 65A Customs Act 1967
    • Objective of setting up LMW
    • Definition of Export in the context of LMW
    • Definition of Manufacture
  7. Requirements As to Premises 
    • Certificate of Fitness
    • Separate Storage for Finished Goods, Raw Materials and Scrap
    • Alterations to Premises
    • Transfer of Premises
    • Layout Plans
    • Additional Premises / Branches
  8. Exemptions available under LMW
    • Duty / Tax Exemptions on Raw Materials, Components and Packaging Materials
    • Duty / Tax Exemptions on Machinery, Equipment & Spare Parts
    • Items not eligible for Duty / Tax Exemptions
  9.  Requirement of Security
    • Bank Guarantee
    • General Bond
  10. LMW Procedures and documentations
    • 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 to Third Party Exports
    • Goods send for repair and returned for repair
    • Documentation – K1, K2, K3, K9, GPB1, GPB2,GPB Am, Lampiran M1, M2, M3 and M4
  11.  Subcontract / Farming Out
    • Application procedures related to subcontracting out of raw materials / components
    • Application procedures related to accepting subcontract materials / components
    • Documentations and Conditions
  12. Accounting for Wastages & Scrap
    • Sale of Scrap & Wastages
    • Sale of Machinery & Equipment
    • Destruction of Scrap & Wastages
    • Destruction of Machinery & Equipment
    • Destruction Certificate
  13. Accounting for losses by fire, flood and theft
    • Losses due to Fire & Flood
    • Losses due to Theft
    • Loss in Transit
    • Application for Remission of Duty
  14. Drop Shipments & Third Party Export
    • Procedure & Documentation
  15. Application of Free Trade Agreements and Certificate of origin to LMW
  16. Inspection and Enforcement by Controlling Station
  17. Other Activities Allowed in LMW Premises
    • Value Added Activities
    • Repairing, Servicing & Remanufacturing
    • International Procurement Centre (IPC)
    • Regional Distribution Centre (RDC)
    • Trading Activities
  18. LMW Conditions and Consequences of Non Compliance
  19. Offences and Penalties Related to LMW
  20. Differences & Similarities Between LMW & MIDA Exemptions
  21. Appeal / Review Procedures
    • DG Customs
    • Customs Appeal Tribunal
    • Minister of Finance
  22. Question and Answer Session

DOWNLOAD THE COURSE CONTENT IN PDF FORMAT FROM HERE

 

FACILITATOR

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

Click Here to download P.Nadaraja profile in PDF format

 

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.

Course Fees & Registration
FEE PAYABLE PER PARTICIPANT :

Normal Price                                          : RM2,518

Early Bird (15 days before event)       : RM2,298

Group Fee (>2 participants)                : RM2,078

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

Download our Brochure and Registration form Here and sent it to us by

Email : sales@wanfahprosper.com

WhatsApp : +60162634929

 

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.

Payment

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

Accounts Number : 3812930508

Bank : Public Islamic Bank Berhad

DATA PROTECTION

Personal Data is gathered in accordance with the Personal Data Protection Act 2010 (Act 709)