Friday 19 Apr 2024
By
main news image

KUALA LUMPUR (July 23): The Malaysian Investment Development Authority (MIDA) has updated the online module for customs duties exemption applications or better known as JPC Online Application Module.

In a statement July 22, MIDA said companies will be able to submit their new, extension, additional quantity, amendment and appeal applications for import duty and or sales tax exemption on raw materials or components for activities in the manufacturing sector as well as import duty and or sales tax exemption on machinery or equipment for selected activities on the agriculture and services sectors, online.

MIDA chief executive officer Datuk Azman Mahmud said the enhanced JPC Online Application Module is part of MIDA’s digital transformation initiative or Enterprise Transformation System (e-TRANS) to re-engineer business processes to raise the efficiency of the various functions of the organisation. 

“This module will also be integrated and accessible by related Ministries and Agencies to ensure a seamless flow of data and information. It is well assimilated with the Royal Malaysian Customs Department’s uCustoms system and is set to increase the ease of doing business for stakeholders.”

He also said the tax exemptions facility provides more flexibility in terms of cash flows for companies. The automation of applications will also significantly reduce the processing period for investors.

“These initiatives will help companies to focus and prioritise on implementing their projects," he said. 

Recently, MIDA said it also launched an e-Manufacturing Licence (e-ML) module giving companies access to a new digital platform that allows them to submit and track applications for new manufacturing licences, expansion or diversification projects, and the confirmation letter for the exemption from Manufacturing Licence (ICA10).

MIDA said the enhanced JPC Online Application Module will be accessible from 9am tomorrow (July 24) with the existing JPC online system no longer available effective 2pm today. 

      Print
      Text Size
      Share