TEAM - Timber Exporters' Association of Malaysia
TEAM - Timber Exporters' Association of Malaysia
TEAM - Timber Exporters' Association of MalaysiaTEAM - Timber Exporters' Association of Malaysia
28
Mar, 2019

By TEAM Executive

Listing of Tropical Timber as Prohibited Tree Species under the Nordic Ecolabelling Scheme

Your Association has been informed that the Nordic Ecolabelling Scheme had proposed to list tropical timber as prohibited tree species.  Some of the species involved are:
1. Bintangor
2. Jelutong
3. Kapur
4. Kempas
5. Meranti
6. Merbau
7. Merpauh
8. Nyatoh
9. Seraya
10. Pyinkado
It was understood that a Public Consultation was organized and was opened until 26 April 2019.  This will definitely hamper the growth of our trade should the list be accepted, your Association instantly alerted the Ministry of Primary Industry (MPI), Malaysian Timber Industry Board (MTIB), Malaysian Timber Council (MTC), Forestry Department and Malaysian Timber Certification Council (MTCC) to work on appropriate response to object the listing of tropical tree species as prohibited species under the scheme.
Your Association is also working closely with overseas trade federations in Europe in getting their views and support in preventing tropical tree species being listed as prohibited under the scheme. Please look out for more updates via e-mail / newsletter / website of your Association in time to come.
The complete list is made available for your reference:

Prohibited tree species Criteria document 2.0

16
Feb, 2019

By TEAM Executive

64th Annual General Meeting, 22 Mar’19

We are pleased to inform you that our 64th Annual General Meeting (AGM) is scheduled to be held as follows:

Date   :  22 March 2019 (Friday)
Time   :  4.30pm
Venue :  Holiday Inn Kuala Lumpur Glenmarie
Glenmarie Ball Room A
1, Jalan Usahawan U1/8, Seksyen U1, 40250 Shah Alam, Selangor D E

All members are invited to a get-together dinner after the AGM proper.

Please register with the Secretariat Office as soon as possible.  Seats are limited!

23
Aug, 2018

By TEAM Executive

A Half-day COMPLIMENTARY Workshop on SST

Following the latest announcement by the Government on the implementation of Sales & Services Tax (SST), your Association – TEAM has made another request for a speaker from YYC Tax Consultant Sdn Bhd to give you updates and insights of the SST.

The exclusive workshop is FREE for members of TEAM and would be held as follows:

Date :  18 September 2018 (Tuesday)
Time : 9.00am – 12.30pm
Venue:  MTC
20th Floor Menara PGRM
No. 8, Jalan Pudu Ulu, Cheras
56100 Kuala Lumpur

Tentatively, the programme would be:
9.00am – Registration
9.15am – Presentation (Part 1)
10.45am – Coffee break
11.00am – Presentation (Part 2)
12.15pm – Q & A, End of Workshop
1.00pm – Buffet Lunch

17
Aug, 2018

By TEAM Executive

Quick Updates – Timber Related SST Implementation

With reference to the forthcoming implementation of Sales & Service Tax (SST) by the new Government by 1 September 2018, we have gathered the following information which may help to clarify some of our queries.

1.  The complete information / guidelines are available: https://mysst.customs.gov.my/

2.  The list of proposed exempted goods (Page 141 onwards, 4401..) : https://mysst.customs.gov.my/assets/document/PROPOSED%20GOODS%20EXEMPTED%20FROM%20SALES%20TAX%2016072018%20btm.pdf

4401 – Fuel wood in logs, billets, wood chips or particles, sawdust and wood waste and scrap, whether or not agglomerated in logs, pellets or similar forms.
4402 – Wood charcoal
4403 – Wood in the rough, whether or not stripped of bark of sapwood or roughly square (logs)
4404 – Hoopwood, split poles, piles, pickets and stakes of wood but not sawn lengthwise, roughly trimmed but not turned, bent of otherwise worked.
4405 – Wood wool; wood flour
4406 – Railway sleepers (cross ties) of wood
4407 – Sawn timber or chipped lengthwise, slice or peeled of a thickness exceeding 6mm
4408 – Sheets for veneering, plywood or similar laminated wood of a thickness not exceeding 6mm
4409 – Wood (including strips and friezes for parquet flooring, not assembled) continuously shaped along any of its edges, ends or faces, whether or not planed,
sanded or end jointed.
4412 – Plywood, veneer panels and similar laminated wood
4415 – Packing cases, boxes, pallets or others

HS Code timber Products applicable for SST are as follows:

4410 – Particle board
4411 – Fiberboard
4413 – Densified/compressed wood block
4414 – Wooden frame for painting, photography etc
4416 – Casks, barrels etc
4417 – wood handles
4418 –  Fitted wood structure and other joinery/carpentry products
4419 – bamboo chopsticks, wood kitchen/tableware
4420 – wood statues/ornaments, ornamental boxes, other furniture
4421 – moulding and other articles of woods
9406 – pre fab building and Furniture

3.  FAQ: https://mysst.customs.gov.my/assets/document/FAQ%20(BI)%20Sales%20Tax%202018.pdf

We hope the above compilation of information by our office would be helpful to you.  Should you require further details, please contact:

i.  https://mysst.customs.gov.my/CallCenterHelpDesk

ii.  your respective tax agent

iii.  Professional Tax Consultant – YYC & Co
Ms Ella Soon
Tel: (03) 9078 2868
E-mail:  ellasoon@yyc.my

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