Licensed Manufacturing Warehouse (LMW)

INTRODUCTION

The Licensed Manufacturing Warehouse (LMW) scheme is a facility provided under Section 65/65A of the Customs Act 1967 to promote industrial development. It allows companies to enjoy import duty and sales tax exemptions on raw materials, components, machinery, and equipment used in manufacturing for export purposes. This 1-day course provides participants with the knowledge to effectively manage LMW operations, stay compliant with customs regulations, and optimize cost savings.

OBJECTIVES

• Understand LMW licensing procedures and requirements
• Learn how to apply for and manage LMW approvals
• Gain knowledge of customs compliance, record-keeping, and audits
• Identify common mistakes and compliance risks to avoid penalties
• Maximize benefits from duty and tax exemptions under the LMW scheme

WHO SHOULD ATTEND?

Manufacturers, forwarding agents, logistics managers, compliance officers, finance managers, and anyone responsible for customs declarations and import/export operations.

METHODOLOGY

PowerPoint presentations, interactive discussions, and case studies focusing on real-world scenarios and best practices.

KEY CONTENTS

1. Overview of LMW Scheme – Objectives, legal provisions, eligibility criteria, and application process.
2. LMW Licensing Procedures – Step-by-step process for new applications, renewals, and cancellations.
3. Customs Duties Exemption – Raw materials, components, machinery, and equipment qualified for exemptions.
4. Record Keeping & Reporting – Requirements for documentation, inventory control, and customs inspections.
5. Customs Audits & Compliance – What to expect during audits, common non-compliance issues, and penalties.
6. Import/Export Procedures – Preparation of documents such as K1/K2 forms, shipping notes, and customs declarations.
7. LMW vs FIZ (Free Industrial Zone) – Comparison of facilities, benefits, and operational considerations.
8. Case Studies & Practical Scenarios – Real examples to help participants apply knowledge effectively.

CERTIFICATE OF PARTICIPATION

PARTICIPATING FEE

RM1,350 per person (1-day course) – Inclusive of tea-breaks, lunch, course notes, certificate of participation, and 8% SST.
HRD Corp Claimable under SBL-Khas