Loke to seek clarification on tax treatment for oil cargo at Johor port

Transport Minister Loke Siew Fook plans to seek clarification from the finance ministry and customs department regarding the tax treatment for oil cargo stored in shore tanks at Johor's Tanjung Langsat Port. As of now, they have not received any information from customs or the finance ministry, according to Loke, who spoke after the ministry's monthly assembly.

Yesterday, Malay Mail Online reported that Maritime Network Sdn Bhd CEO Jeyenderan Ramasamy claimed that oil and petroleum businesses were suffering due to uncertainty over tax treatment. He urged customs to clarify whether commingling is allowed, and if so, how cargo should be classified, documented, and taxed. Prolonged uncertainty could lead to cargo delays, extra storage and operational costs, and potentially disrupt business at the port, Jeyenderan added.

Loke also discussed the integration of the healthy and safe drivers program for commercial vehicle drivers into the Road Transport Department's mySIKAP system at 500 Malaysian Medical Association clinics. He explained that the integration will ensure proper medical examinations are conducted, with reports automatically submitted into the system by registered clinics.

Previously, everything was done manually, and drivers would collect the medical reports and submit them to JPJ themselves, creating a possibility for improper verification, Loke noted.