ANNOUNCED AS TEMPORARYNo
On 24 July 2014, the Indonesian Ministry of Trade issued regulation 44/M-DAG/PER/7/2014, which further restricts the export procedure of tin and tin-related goods from the country.
Starting from 1 November 2014, exporters will be required to categorise their tin shipments into pure ingot, solder, pure non ingot and tin alloy (art. 2 & 3, 44/M-DAG/PER/7/2014). This will force companies exporting the various categories of tin products to split into different subsidiaries, each applying for separate trade licences from the Ministry of Trade.
The restrictions were put into place in order to counteract the increasing number of non-ingot exports which looked to bypass existing regulations on ingot. This has been indirectly referred to in the preamble of the regulation as "creating legal certainty" (let. a; own translation).
Furthermore, the new regulation will impose a VAT on downstream ingot buyers.
As specified in article 27, this ministerial regulation replaces the current 78/M-DAG/PER/12/2012 (cf. Related Measures), which has been changed by the amendment 32/M-DAG/PER/6/2013.
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