ANNOUNCEMENT 13 Jan 2016

In January 2016, the government of Indonesia announced a change in import duties.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Finance regulation 273/PMK.010/2015 (in Bahasa Indonesia)
http://www.jdih.kemenkeu.go.id/fullText/2015/273~PMK.010~2015Per.pdf

Corresponding Ministry of Finance regulation from previous year - 249/PMK.011/2014 (in Bahasa Indonesia)
http://www.tarif.depkeu.go.id/Data/Regulation/PMK2490112014.pdf
http://www.sjdih.depkeu.go.id/fullText/2014/249~PMK.011~2014PerLamp.pdf


Inception date: 13 Jan 2016 | Removal date: open ended
Still in force

Import tariff

 On 13 January 2016, the Indonesian Ministry of Finance published regulation 273/PMK.010/2015 regarding the list of goods and budgetary ceilings for government-borne import duties for FY2016. The goods mentioned on these lists will be freed from import duties until 31 December 2016.
Amended budgetary ceilings
Compared to the 2015 budgets, the budgetary ceilings for all industries have been adjusted. For a majority of the sectors, the budgets were lowered but numerous industries received larger budgets as well.
Adjusted list of goods receiveing government borne import duties
The following products were added to the list: 230230, 270750, 271311, 281122, 281610, 281700, 282751, 284920, 290511, 291614, 291632, 291734, 291739, 291815, 291830, 292800, 293190, 293369, 293499, 321590, 381230, 382490, 390690, 390920, 391732, 392020, 392390, 400251, 400690, 401150, 401290, 401320, 401490, 401695, 401700, 441300, 450410, 480441, 480449, 480451, 480810, 480840, 520812, 520822, 520911, 521031, 521131, 540720, 540761, 551291, 551311, 551319, 551411, 551412, 551422, 590390, 681381, 701932, 721129, 721491, 722692, 730419, 730424, 731829, 732090, 740710, 740729, 740822, 741300, 741521, 760692, 760719, 760720, 780110, 780191, 830120, 830140, 830610, 841931, 842119, 842139, 842199, 843890, 848140, 848410, 850134, 850490, 850760, 850780, 851150, 851210, 851981, 852713, 853510, 853530, 853540, 853590, 853649, 853670, 853720, 854411, 854419, 854620, 854690, 870829, 940120, 940190, 960350.
The regulation came into force on the day of its issuance.

Inception date: 13 Jan 2016 | Removal date: open ended
Still in force

Import tariff

 On 13 January 2016, the Indonesian Ministry of Finance published regulation 273/PMK.010/2015 regarding the list of goods and budgetary ceilings for government-borne import duties for FY2016. The goods mentioned on these lists will be freed from import duties until 31 December 2016.
Amended budgetary ceilings
Compared to the 2015 budgets, the budgetary ceilings for all industries have been adjusted. For a majority of the sectors, the budgets were lowered but numerous industries received larger budgets as well.
Adjusted list of goods receiveing government borne import duties
The following HS codes were removed from that list: 391910, 401193, 741529, 830990, 840490, 840690, 840990, 842531, 843290, 843390, 848130, 850150, 853890, 870870, 870880, 870892, 870894, 870899, 940290.
The regulation came into force on the day of its issuance.