ANNOUNCEMENT 25 May 2015

In May 2015, the government of Indonesia announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 May 2015 | Removal date: open ended
Still in force

Import tariff

 On 25 May 2015, the Indonesian Ministry of Finance announced in regulation 97/PMK.010/2015 import duty increases for the MFN rate on steel products with HS codes 7208-7217 and 7229 in the range of 5 to 10%. The changes for important steel products included:

  • for hot rolled coil/plate from 5% to 15%
  • cold rolled coil/sheet from 7.5 to 15%
  • for wire rod from 5% to 15%
  • for steel used for concrete reinforcement from 10% to 17.5
  • for zinc-coated steel sheets from 12.5 to 20%.

The regulation came into force on 30 May 2015.
Due to unavailability of trade volumes for 2014, the list of affected trading partners is based on data from 2013.

AFFECTED SECTORS