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).
Source
Number of interventions
2
0 certainly harmful
2 likely harmful
0 liberalising
Implementation date
No implementation date
Revocation date:
No revocation date
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...
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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