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

SOURCE



Regulation 97/PMK.010/2015 (in Bahasa Indonesia):
http://peraturan.bcperak.net/sites/default/files/peraturan/2015/97pmk0102015.pdf

Secondary Sources:
http://www.thejakartapost.com/news/2015/05/17/steel-association-backs-govt-s-import-duty-hike.html
http://www.republika.co.id/berita/ekonomi/makro/15/05/29/np4e6n-kenaikan-tarif-bm-baja-direspon-positif-kalangan-industri-nasional


Inception date: 30 May 2015 | Removal date: open ended

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

 
412

AFFECTED PRODUCTS

 
720810 720825 720826 720827 720836 720837 720838 720839 720840 720851 720852 720890 720915 720916 720917 720918 720990 721011 721012 721020 721030 721049 721050 721061 721069 721070 721090 721114 721119 721123 721129 721220 721230 721240 721250 721260 721391 721399 721410 721430 721491 721499 721510 721550 721590 721610 721621 721631 721632 721633 721640 721650 721699 721710 721720 721730 722920 722990
(+ 48 more)