The Ministry of Domestic Trade and Cost of Living has announced that applications for the subsidised diesel control system (SKDS) will now receive immediate approvals. The Minister, Armizan Mohd Ali, made the announcement and emphasised that letters of approval will be issued promptly, according to FMT. This will enable transport companies to quickly apply for fleet cards from the fuel companies of their choice.
Eligible Vehicles for Subsidised Diesel
The SKDS is applicable to a wide range of land transport vehicles. The 33 eligible types include:
- School buses
- Express buses
- General cargo lorries
- Bottled drinks lorries
- Refrigerated lorries
- Luton lorries
- Prime movers
- Panel/window vans
Application and Reimbursement Process
Transport companies with vehicles included in the eligible categories are encouraged to apply for the SKDS immediately. Key points include:
- Immediate Approval: Approval letters are issued promptly to expedite the process.
- Fleet Card Application: With the approval, companies can apply for fleet cards from their preferred fuel companies.
Reimbursement for Early Approvals
For companies that secure SKDS approval before June 30, there is a reimbursement plan in place:
- Reimbursement Period: Companies can apply for reimbursements starting in July.
- Proof of Purchase: Reimbursements will be processed using receipts as proof of purchase until the fleet cards are received.
- Finance Ministry’s Role: The finance ministry will soon announce the detailed procedure for application and reimbursement.
Current Approvals
As of the latest update, a significant number of approvals have already been granted:
- Vehicles Approved: 226,957 transport vehicles
- Companies Benefited: 75,541 companies
This initiative is part of the government’s effort to support transport companies by reducing fuel costs through subsidised diesel, ensuring smoother operations and economic efficiency within the transport sector.
