Amir Hamzah: No reason to increase prices for the logistics industry

PUTRAJAYA – The implementation of the Subsidised diesel Control System 2.0 (SKDS 2.0) will not cause the logistics sector to increase prices, which will burden the public. This is according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

He said that the government was actively ensuring the targeted diesel subsidy achieved its objectives. This includes the implementation of SKDS2.0, which allows certain logistic vehicles to continue receiving subsidised diesel for RM2.15 a litre.

The government will monitor the activities of the logistics sector to ensure that the targeted diesel subsidies are implemented smoothly. With the implementation of SKDS 2.0, the businesses in the logistics industry have no reason to increase prices and burden the public.

In a press release today, he explained that the repayment is temporary and a measure taken by the government in order to keep logistics service providers from being affected by any changes to the retail price for diesel.

Amir Hamzah said that, in accordance with the announcement made by Datuk Armizan Mohd Ali Minister of Domestic Trade and Cost of Living, the government had developed an interim system involving the reimbursement of cash to owners of logistic vehicles which have been approved for SKDS 2.0, but who have not received their fleet cards.

Amir explained that the mechanism was a temporary measure to compensate the difference between the new retail price for diesel fuel of RM3.35 a litre and the SKDS2.0 price of RM2.15 a litre.

He added that owners of approved logistics vehicles who have not yet received their fleet cards can apply for reimbursement starting July 1 through the Budi Madani portal at https://budimadani.gov.my.

He advised that the purchasers of diesel should keep the receipts as proof for audit purposes.

He said that to be eligible for a refund, owners of logistics vehicles must submit an application and receive approval from KPDN by the 30th June under SKDS 2.0.

He said that the interim repayment scheme is designed to cover any additional costs incurred by applicants until they receive a fleet card, or up to two months if this occurs sooner.

Therefore, he urged all owners of logistics vehicles that have been approved under SKDS 2.0 to immediately apply for a fleet card as soon as possible through https://mysubsidi.kpdn.gov.my

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