Introduction This course is geared towards tackling real issues faced by the industries on various types of supply and purchases, in particular on drop-shipment sale & other issues specific to manufacturing sector.

It includes mapping of Tax codes on GST-3.

Participants are also delighted to gain an insight and understanding on the various types of Customs Audit conducted by the Customs Department and be equipped with enough knowledge on how to deal with the GST auditors and thus minimizing risk exposure and avoiding tax liabilities.

Last but not least it assists aggrieved companies on the appeal procedure against decision made by the Customs Director General.

FMM Institute (475427-W), Penang Branch 2767, Mk 1, Lebuh Tenggiri 2, Bandar Seberang Jaya, 13700 Seberang Perai Tengah, Penang Tel: 04 – 3992057 Fax: 04 – 3994863 E-mail: sharrlini@fmm.org.my /remes@fmm.org.my

[GST ID: 001764515840]

FIRST COME, FIRST SERVE BASIS!!

LIMITED 30 SEATS

Goods & Service Tax for Manufacturing Sector:

Issues, Problems and Solutions plus Customs Audit

What is a taxable supply?

A legal viewpoint & GST imposition

Supply (Sale)

LMW:

1) LMW –LMW; 2) LMW-FIZ; 3) LMW-FCZ; 4) LMW-PCA; 5) LMW-oversea 6) Drop shipment sale ( local and oversea);

Calculation of GST and import duty and Customs forms. Illustration by example

FIZ:

1) FIZ-LMW; 2) FIZ-FIZ; 3) FIZ-FCZ; 4) FIZ-PCA; 5) FIZ-oversea; 6) Drop shipment sale. Calculation of GST and

import duty and Customs forms. Illustration by example

PCA:

1) PCA-LMW; 2) PCA-FIZ; 3) PCA-PCA; 4) PCA-oversea. 5) How to impose GST and Customs forms.

Illustration by example

Bonded warehouse:

1. Locally produced goods deposited by LMW and subsequent sale. Illustration by example

2. Imported goods deposited into a bonded warehouse and subsequent sale. Illustration by example

FCZ:

1) FCZ-LMW; 2) FCZ-FIZ; 3) FCZ-PCA. 4) GST imposition & Customs forms Illustration by

example Sale of goods under the possession of the supplier:

1) Export and local. Illustration by examples

Out-of-scope sale.:

Illustration by examples

Sale from East Malaysia to West Malaysia and vice versa:

1) Sale from East Malaysia to West Malaysia by LMW to oversea but drop ship to a LMW buyer in West Malaysia. Illustration by example

~SBL Scheme ~

Claimable from HRDF

Goods & Service Tax For Manufacturing Sector: Issues, Problems and Solutions plus Customs Audit

Purchase

LMW:

1) LMW-LMW; 2) LMW-FIZ; 3) LMW-PCA. 4) LMW-FCZ 5) LMW purchased goods from an oversea supplier but drop

ship to its buyer in Malaysia. 6) LMW-oversea

PCA:

1) PCA-LMW; 2) PCA-FIZ; 3) PCA-FCZ; 4) PCA;PCA; 5) PCA-FCZ 6) PCA-oversea

FIZ:

1) FIZ-FIZ; 2) FIZ-FCZ; 3) FIZ-PCA; 4) FIZ-LMW; 5) FIZ-oversea

Bonded warehouse:

1) Manufacturer made purchases from a bonded warehouse (imported goods)

2) Manufacturer made purchase from a bonded warehouse ( locally produced)

GST Tax codes :

Sale

Purchase

Imported services

Customs audit

Types of audit

Audit strategy

Documents, books and records for audit

Assessment

Fraud and tax evasion

Appeal system

Appeal to Director General

Appeal to GST Appeal Tribunal

Appeal to high courts

Q & A

Conclusion

GST on goods in transit

1) Type of sale which can be treated as transit sale GST on Subcontract (LMW,FIZ & PCA)

1) Farming in: Customs legislations and documentation 2) Farming out: Customs legislations and documentation 3) Subcontract to a third party 4) ATMS and related issues

Other issues:

1) Locally produced goods exported and subsequently re-imported for re-work. How to claim GST relief and import duty exemption. GST-3 entry

2) Machinery and equipment exported for repair and calibration and subsequently re-imported. How to claim GST relief and import duty exemption

3) Goods damaged and returned from local buyer. Credit note , tax invoice and GST-3 entry

4) Imported service and GST-3 entry 5) Importation of raw materials not in the ATS listing, how to

resolve ? 6) Supply of mould and equipment on behalf of the buyer and

its GST implication

~SBL Scheme ~

Claimable from HRDF

Goods & Service Tax For Manufacturing Sector: Issues, Problems and Solutions plus Customs Audit

Trainer

Mr Goh Kin Siang is the Deputy Director of Customs, retired. He has 35 years of working experience

in many areas such as import, export, sales tax, customs port, service tax, excise, drawback and refund,

petroleum, finance, industry (LMW, Sec 14.2 & Free Zone), preventive etc. He was the

o Superintendent of Customs Johor Bahru

o Assistant Director of Customs (Internal Taxes) Kuantan

o Lecturer Academy Customs of Malaysia, Malacca

o Senior Assistant Director of Customs, Sarawak

o Senior Assistant Director of Customs, Export Section, Complex Customs Tg Puteri, JB

o Senior Assistant Director of Customs I & II Industry & Internal Tax Division, Malacca

o Deputy Director of Customs, Headquarters, Putrajaya

COURSE OBJECTIVES:

a. Understand the various kinds of supply (sale),

its GST implications & ways to resolve the GST

implications.

b. Understand the correct GST imposition &

Customs documentations on sub-contract

work ( in and out).

c. Know the types of purchases and their GST

implications.

d. Understand the Customs audit and ways to

resolve the audit query

e. Learn the right appeal procedure to GST

Appeal Tribunal if you are aggrieved by the

Customs decision.

Who should attend?

All manufacturers ( LMW,FIZ, ex-SALES TAX, Holders of Treasury/Mida tax exemption), importers, exporters, managing directors, warehouse operators, accountants, sale manager, purchase manager, shipping and logistic manager, company executives, forwarders and traders, etc. Administrative Details Date: 8 June 2016 (Wednesday)

Time: 9.00am to 5.00pm Venue: Sunway Hotel, Bandar Seberang Jaya,

Fees: Member – RM583.00 per participant (Inclusive 6% GST)

Non- Member – RM689.00 per participant (inclusive 6% GST) Discount: 10% - Registration of three (3) pax & above

Fees include course materials, Certificate of Attendance, lunch and

refreshments)

Goods & Service Tax For Manufacturing Sector: Issues, Problems and Solutions plus Customs Audit

Completed registration form, faxed, mailed or e-mailed to FMM Institute would be deemed as confirmed. There will be no refund or cancellation within 2 days prior to the programme, 50% refund for cancellation between 3 – 6 days and full refund for cancellation 7 days prior to the programme. However, replacement can be accepted at no additional cost. The FMM Institute reserves the right to cancel or re-schedule the above programme and all efforts will be taken to inform participants of the changes. Closing date for registration is on 30 May 2016.

For further details please contact: FMM Institute, Penang Branch Tel: 04-3992057 Fax: 04-3994863 Attention: Ms Sharrlini/ Mr Remes E-mail: sharrlini@fmm.org.my/ remes@fmm.org.my Dear Sir/Madam, Please register the following participant for the above programme: 1. Name :_____________________________________________________

Designation : ___________________________________________

I/C. No.: ________________________________________________

Email:___________________________________________________ 2. Name :_________________________________________________

Designation : ___________________________________________

I/C. No.: _________________________________________________

Email:____________________________________________________ 3. Name :___________________________________________________

Designation : ___________________________________________

I/C. No.: __________________________________________________

Email:_____________________________________________________

4. Name :___________________________________________________

Designation : ___________________________________________

I/C. No.: __________________________________________________

Email:_____________________________________________________

Enclosed cheque / bank draft no. _______________________ for RM_________________ being payment for _____________ participant(s) made in favour of “FMM Institute”

Payment can also be banked in at Maybank [FMM

Institute: 507406504556]

#Kindly scan and mail us the bank slip after payment

Submitted by :

Name:_______________________________________________________

Designation:________________________________________________

Company:___________________________________________________

Address:____________________________________________________

______________________________________________________________

______________________________________________________________

_______________________________________________________________

Tel :__________________________________________________________

Fax:__________________________________________________________

Email:_______________________________________________________

Membership No. : _________________________________________

Registration Form

Goods & Service Tax For Manufacturing Sector: Issues, Problems and Solutions plus Customs Audit

8 June 2016 (Wednesday)

Sunway Hotel, Bandar Seberang Jaya

FMM Institute (475427-W), Penang Branch 2767, Mk 1, Lebuh Tenggiri 2, Bandar Seberang Jaya, 13700 Seberang Perai Tengah, Penang Tel: 04 – 3992057 Fax: 04 – 3994863 E-mail: sharrlini@fmm.org.my / remes@fmm.org.my

[GST ID: 001764515840]