KUALA LUMPUR: The government has put in place an interim refund mechanism for owners of eligible logistics vehicles whose applications have been approved under the Subsidised Diesel Control System (SKDS) 2.0 but who have yet to receive their fleet cards.
Finance Minister II Datuk Seri Amir Hamzah Azizan said the mechanism is a temporary facility to reimburse the difference between diesel fuel's new retail price of RM3.35 per litre and the SKDS 2.0 price of RM2.15 per litre.
He said the government is focused on ensuring that targeted subsidies achieve their objectives, specifically for SKDS 2.0 implementation, so that logistics vehicles can continue to enjoy the subsidised price of RM2.15 per litre.
"The government wants the targeted diesel subsidy scheme's implementation to run smoothly and will therefore continue to monitor the logistics sector's developments because with SKDS
2.0's implementation, there is no reason for logistics businesses to raise prices and consequently burden the rakyat.
"The refunds are a temporary measure set up by the Government to assist logistics service providers from being affected by the change in diesel
fuel's retail price," he said in a statement today.
Logistics vehicle owners who have received approvals from Domestic Trade and Cost of Living Ministry, but have yet to receive their fleet cards will be able to apply for the reimbursement from July 1, 2024 through the Budi Madani portal at https://budimadani.gov.my.
They would have to retain their diesel purchase receipts for audit purposes. To be eligible for the refunds, logistics vehicle owners would have to apply and receive KPDN's approval under the SKDS 2.0 by June 30, 2024.
"This interim reimbursement mechanism is intended to cover the additional expenditure incurred until the fleet card is received, up to a maximum of two months, whichever is earlier."
He said the government urges eligible logistics vehicle owners that have yet to apply for fleet cards under SKDS 2.0 to do so promptly at https://mysubsidi.kpdn.gov.my.
On May 30, Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said a total of one million fleet cards are available for companies engaged in the transportation of goods via the Subsidised Diesel Control System 2.0 (SKDS 2.0).
He had said that this initiative was among the measures implemented by five major oil companies involved in the system's rollout.