| Customs expects to collect RM12B duties with new e-payment system
Published by The Star (Starbiz)
ROYAL Malaysian Customs expects to receive RM12bil annually in customs duty payments following the introduction of electronic funds transfer via Internet access, called DutyNet.
The new electronic funds transfer will make it easy for forwarding agents to make any payment to the Customs.
DutyNet is linked to Dagang Net's e-declare portal, a system connected to Customs' database and Bumiputra Commerce Bank's (BCB) Internet business banking portal, BizChannel.
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Tan Sri Abdul Halil Abdul Mutalib |
Customs director-general Tan Sri Abdul Halil Abdul Mutalib said the DutyNet system would help expedite the Customs clearance and duty payments, which could easily be done over the Internet.
He said Dagang Net had previously developed electronic funds transfer but transactions were only possible during banking hours.
“DutyNet, on the other hand, is different as it operates 24 hours a day for seven days a week and clients can access the system virtually from anywhere and at anytime,” he told reporters after officiating the launching of the system in Putrajaya yesterday.
Halil said through the DutyNet system, forwarding agents could submit their goods declaration via Dagang Net and this would be transmitted to Customs's online system for approval.
To subscribe to DutyNet, customers should register with Dagang Net's e-declare system and BCB's BizChannel Internet portal.
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