mission participation incentive (mpi) import …
TRANSCRIPT
MISSION PARTICIPATION INCENTIVE (MPI)
RESOURCE DEVELOPMENT PROGRAMME (RDP)
IMPORT ASSISTANCE PROGRAMME (IAP)
2
INCENTIVES PROVIDED BY MTC
3
1. Mission Participation Incentives (MPI)
Eligible for import of 3 units of 20 footer
container i.e. freight cost paid by MTC
If not by container i.e. break-bulk, maximum
load of 75 M3 or 25 M3 per 20 footer
container
Cost of freight from loading port to any port
in Pen. Malaysia
Must participate in mission
Contract/purchase order within 30 days of
return
Process flow for application for incentives
4
Submit application
for Incentives Form
Participate in the Mission
Purchase order during
mission
After cargo arrival submit all import
documents to MTC
5
2. Resource Development Programme (RDP)
Subsidized air-fares and hotel accommodations
30% reimbursements on production of receipts
For designated mission only
Application for Flight and Hotel rebates
6
Submit application for incentive form
Participate in the mission
(Whole programme)
Submit invoices to MTC
Rebate of 30%
7
3. Import Assistance Programme (IAP)
All qualified import of raw materials from
legal sources
RM 40 per M3
1,000 M3 per company per year
First come first served basis
Until budget is exhausted (RM 2 million)
import assistance programme
2004-2012 Year Allocation
(million) Quantity
M3
Disbursement RM
% utilized
2004 RM 1.50 3,694 153,136 10.20
2005 RM 1.50 8,618 393,107 26.20
2006 RM 0.80 11,988 549,096 68.60
2007 RM 1.50 17,605 805,394 54.00
2008 RM 1.00 25,332 933,137 93.30
2009 RM 1.05 28,746 1,054,597 100.40
2010 RM 1.25 33,390 1,249,196 99.94
2011 RM 1.50 37,439 1,357,918.44 90.53
2012* RM 1.75 45,582.8177 1,749,962.50 100.00
2013 RM 2.00
Total RM 13.85
•From 1 Dec 2011 to 30 November 2012
9
Applicants
Timber associations
Qualified companies in the wood-
based industry
Form 24 and 49
MTC Application Form
Verify member status
Endorsement
Submit to MTC
IHC meeting
For Approval/disapproval
Processing documents
For disbursement
10
Applicants
send application using Forms provided by MTC application submitted to timber associations MWIA-TEAM-MWMJC-MFIC-MPMA-PEKA to submit Form 24 & Form 49 of Companies Act
Timber associations
to verify applicant membership status to verify ownership & directorship companies with similar owner & director are not eligible submit application to MTC
MTC
RMSD to check all application
Date & Stamping
Approval letter
Effective date
IHC to consider payment
Approval / disapproval
11
Each successful application will get
1,000 M3 per company per year
Disbursement of RM 40 per M3
subject to Terms and Conditions
First come/received first served basis
Until MTC allocation for 2013 is fully
utilized
?
IAP
MPI RDP
14
?
SAWNTIMBER ROUND LOGS
MOULDINGS
MDF
PLYWOOD
15
rubberwood S4S
E4E Veneer
Laminated board
16
Application Guidelines 2013
17
xxxxx
18
19
20
Approval
21
22
23
How to submit claims ?
Land transport
Jetty charges
Port services
Fumigation Ocean freight
sending by post & hand
always a covering letter
summary of claims if more than 1
due to the 30 days criteria, always send claim as and when documents completed
30 Calendar days including weekends and public holidays
date of cargo release
24
CHECKLIST
OUR CHECKLIST
25
1. Purchase contract
2. Bill of Lading(BL)
3. Custom declaration [K1}
4. Suppliers invoice
5. Packing list
6. Forwarding invoice
7. Ocean freight/FOB
8. Land transport
9. MTC approval letter
OUR CHECKLIST
26
Every submission must be accompanied by two
(2) sets of documents:
• Original Documents
• Certify True Copy (duplicate)
27
APPLICATION FORM
28
29
30
31
32
33
calculation
34
MTC allocation is RM 40 per M3
1,000 M3 = RM 40,000
Company’s application based on total amount in all
invoices
Ocean Freight + Land transport + Forwarding + EDI +
Container haulage + FCL + SSR + E-permit + Storage
+ demurrage + agriculture (DOA) etc.
If total exceeding RM 40,000 MTC will pay only RM
40,000
If total less than <RM 40,000 MTC will pay the lesser
amount
35
CONTACT PERSONS
36
03-9281 1999