24311
Casting of iron
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.
Casting of iron
Includes
manufacture of seamless tubes and pipes of steel by centrifugal casting, manufacture of tube or pipe fittings of cast-steel
Classification Path
Section
C-Manufacturing
Division
24-Manufacture of basic metals
Group
243-Casting of metals
Class
2431-Casting of iron and steel
Current Item
24311-Casting of iron
e-Invoicing (MyInvois)
MSIC code 24311 is required when issuing e-invoices via LHDN MyInvois. Use this code in the Classification field of your e-invoice.
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