Global Trade Alert
Global Trade Alert

Indonesia: Scheme for import tariff exemptions for certain sectors introduced

Announcement

24 Dec 2014

On 24 December 2014, the Indonesian Ministry of Finance issued regulation 248/PMK.011/2014 on government borne import duties on imports of goods and inputs used for the production of certain goods and/or services that are in the general interest and lead to an increase of the competitiveness of the given industry (own translation of the regulation title).

 

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 24 Dec 2014
Tax or social insurance relief

On 24 December 2014, the Indonesian Ministry of Finance issued regulation 248/PMK.011/2014 and thereby introduced an import duty relief scheme, through which some industries may benefit from tariff...

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Updated: 24 Dec 2014
Import tariff

Regulation 248/PMK.011/2014 by the Indonesian Ministry of Finance introduces a new scheme, where certain industries will be given import tariff exemptions up to a certain annual sector-specific bud...

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