IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: No inception date

Import tariff

 On 28 May 2015, the Indonesian Ministry of Industry announced it would soon issue a regulation erasing import duties on shipbuilding components which cannot be produced within the country.
According to the Ministry, this move would enable the industry to accelerate. In the past, the shipbuilding sector has managed to produce merely 100 ships per year, having suffered from 5-12% import duties and a 10% value-added tax.
The necessary regulation has not yet come into force, as it is "merely waiting for the president's signature".

AFFECTED COUNTRIES

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