ANNOUNCEMENT 15 Oct 2012

In October 2012, the government of Indonesia announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



WTO-UNCTAD-OECD Eighth Report on G20 Trade and Investment Measures, mid-May to mid-October 2012: http://www.oecd.org/daf/internationalinvestment/8thG20report.pdf
Regulation 23/PMK.011/2012, unofficial English translation: http://rulebook-jica.ekon.go.id/english/4703_23_PMK.011_2012_e.html


Inception date: 15 Oct 2012 | Removal date: 14 Dec 2012
Still in force

Import tariff

Under its so-called 'Government Borne Import Duty' regime ex Regulation 23/PMK.011/2012 - in which the Indonesian Ministry of Finance can decide to reduce/eliminate the import duties normally payable by importers in order to serve the public interest and/or improve competitiveness of certain industrial sectors.
On 15 October 2012, the Ministry of Finance has made use of this regime and declared to temporarily eliminate the import duties on inputs for the production of a variety of final products, namely ballpoints, toner ink, carpets, vehicle components, ships, telecommunication equipment, plastic products, electronic components, fibre-optic cables, infusion packing and/or medicine, resins and fertilisers. The measure was effective until the end of 2012.

AFFECTED PRODUCTS

 
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