24103
Manufacture of seamless tubes, by hot rolling, hot extrusion or hot drawing, or by cold drawing or cold rolling
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 seamless tubes, by hot rolling, hot extrusion or hot drawing, or by cold drawing or cold rolling
Includes
manufacture of welded tubes by cold or hot forming and welding, by forming and cold drawing, or by hot forming and reducing
Classification Path
Section
C-Manufacturing
Division
24-Manufacture of basic metals
Group
241-Manufacture of basic iron and steel
Class
2410-Manufacture of basic iron and steel
Current Item
24103-Manufacture of seamless tubes, by hot rolling, hot extrusion or hot drawing, or by cold drawing or cold rolling
e-Invoicing (MyInvois)
MSIC code 24103 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.
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