ANNOUNCEMENT 14 Dec 2012In December 2012, the government of Indonesia announced a change in export taxation.
NUMBER OF INTERVENTIONS
REGULATION OF THE MINISTER OF TRADE
On 14 December 2012, the Minister of Trade issued a regulation that tightens the export provisions on tin. The regulation implies a 3 per cent royalty on all tin exports and asks for additional technical verification. Furthermore, market access to overseas markets is tightened because all exporters need to be registered and approved by the trade ministry.
The measure enters into force on 1 July 2013.