ANNOUNCEMENT 11 Mar 2010

In March 2010, the government of Indonesia announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Indonesian Ministry of Finance, 11 March 2010 (http://www.depkeu.go.id/Eng/Read/?type=ixPers&id=15005&thn=2010&name=PR_43_110310.doc)


Inception date: 11 Mar 2010 | Removal date: 09 Jan 2011
Still in force

Import tariff

On 11 March 2010, the Indonesian government introduced fiscal incentives in the form of importduty exemptions to industries of certain sectors. The exemptions are providedfor industries using imported goods and materials to produce goods and/or servicesunder the following criteria:

  • providing goods and/or services for public interests, being consumed by generalpublic, and/or protecting consumers,
  • improvingcompetitiveness,
  • creatingmore job opportunities,
  • raisingstate revenues,

and under the following qualifications: 

  • they are not produced locally,
  • they are produced locally butbelow the required specifications,
  • they are produced locally butin insufficient amount.

The new policies are stated in Regulation of theMinister of Finance No.42/PMK.011/2010 up to No. 55/PMK.011/2010 and are in effect from the date of stipulation until 31December 2010. 

AFFECTED SECTORS

 
272 354 369 372 412 431 432 439 448 449 463 469 483 491 492 493 494
(+ 2 more)

AFFECTED PRODUCTS

 
382410 382440 382490 570242 570320 570330 570490 570500 721710 721720 721730 721790 840710 840721 840729 840732 840734 840790 840910 840991 840999 841311 841319 841320 841330 841350 841360 841370 841381 841382 841391 841392 841410 841420 841430 841440 841451 841459 841460 841480 841490 841810 841821 841830 841850 841869 841891 841899 847710 847720 847730 847740 847751 847759 847780 847790 851110 851120 851130 851140 851150 851180 851190 851220 851230 851240 851290 853010 853080 854411 854419 854420 854430 854442 854449 854460 854470 854710 854720 854790 870810 870821 870829 870830 870870 870893 870895 870899 890110 890120 890130 890190 890200 890391 890392 890400 890510 890520 890590 890610 890690 890710 890790 900110 900130 900150 900190
(+ 97 more)