Domestic trade and cost of living minister Armizan Mohd Ali said this facility enables companies to claim the difference between the retail price they paid for RON95 and the subsidised price of RM2.05 per litre, effective from the start of the targeted fuel subsidy on Sept 30.

However, he said, claiming the reimbursement is subject to several conditions, including that the companies must be registered under SKPS and must have applied for the fleet card by Oct 30.

“This cash reimbursement applies to petrol purchases made between Sept 30 and Oct 31 or until the date the companies receive the fleet card, whichever comes first.

“Claims may be submitted through the same platform, namely the SKPS. All cash reimbursements must be supported by proof of RON95 purchase receipts and uploaded to SKPS,” he told reporters during the ministry’s roadshow carnival and the North Zone Buy Malaysian Goods Campaign here today.

Armizan said the finance ministry will credit the cash reimbursements into the companies’ bank accounts within 15 working days, once the verification process is completed by the SKPS administrator at the ministry.

He also urged all eligible public and goods transport companies to register for SKPS immediately to enjoy the benefits of the RON95 subsidy.

As of yesterday, 5,233 companies with 12,955 vehicles have registered nationwide.