20300

Manufacture of man-made fibres

ItemLevel 5Use for SSM Registration

SST & Withholding Tax

SST Exempt
e-Invoice Required

Risk Level

Low Risk

Capital Allowance: Eligible for Heavy Machinery rate (20% Initial Allowance / 20% Annual Allowance).

Government Grants

SME Corp Eligible

Eligible for SME Corp manufacturing grants and industry development programmes.

Manufacture of man-made fibres

Includes

manufacture of synthetic or artificial filament tow

Excludes

spinning of synthetic or artificial fibres, see 1311. manufacture of yarns made of man-made staple, see 1311

e-Invoicing (MyInvois)

MSIC code 20300 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.

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