DECREE OF MINISTER OF FINANCE
No. 491/KMK.05/1996

ON
THE BASIS FOR CALCULATION OF IMPORT DUTY ON IMPORTED GOODS

THE MINISTER OF FINANCE,

Considering:

• a. that importers are responsible for import duties on goods they import by calculating and paying themselves import duty due (self assessment);
• b. that to ensure that the importers as meant in letter a calculate import duty due and submit customs notifications smoothly, the basis for the calculation of import duties on imported goods need to be laid down in a decree of the Minister of Finance;

In view of:

• 1. Law No. 10/1995 on customs affairs (Statute Book of 1995 No. 75, Supplement to Statute Book No. 3612),
• 2. Decree of the Minister of Finance No.232/KMK.05/1996 dated April 1, 1996 on procedures for paying and remitting import duty, excise, administrative fines, interest, and import-related tax.

DECIDES:

To stipulate:

THE DECREE OF THE MINISTER OF FINANCE CONCERNING THE BASIS FOR CALCULATION OF IMPORT DUTY ON IMPORTED GOODS.

Article 1

(1) Goods taken into customs areas shall be treated as imported goods subject to import duty.

(2) The import duty as meant in paragraph (1) shall be settled at the time the goods are to be taken out of customs areas for domestic consumption, except imported goods granted the suspension of import duty according to the existing provisions.

(3) the import duty as meant in paragraph (2) shall be calculated on the basis of the import duty rate multiplied by the customs value of the relevant imported goods.

Article 2

The rate used for the calculation of import duty as meant in Article 1 paragraph (3) shall be based on the classification of goods and the rate of import duty on imported goods stipulated in the decree of the Minister of Finance.

Article 3

(1) The customs value as meant in Article 1 paragraph (3) shall be based on the customs value used for the calculation of import duty stipulated in the decree of the Minister of Finance.

(2) The customs value used for the calculation of import duty and import-related tax shall be the customs value under a Cost, Insurance and Freight (CIF) condition.

Article 4

(1) The freight cost used for the calculation of the customs value of imported goods shall be based on the actual freight cost paid or still to be paid.

(2) The procedure for determining the amount of freight cost as meant in paragraph (1) shall be further stipulated by the Director General of Customs and Excise.

Article 5

The amount of insurance used for the calculation of customs value shall be determined as follows:

• a. In the event of in insurance closed abroad, it shall be based on the insurance premium contained in the insurance policy.
• b. In the event of insurance closed at home, the amount of insurance premium used for the calculation of customs value shall be considered nil.
• c. In the event of no insurance policy, the amount of insurance premium shall be determined according to the procedure stipulated by the Director General of Customs and Excise.

Article 6

The amount of customs value in the rupiah shall be obtained by multiplying the customs value in the foreign currency and the base value for the calculation of import duty (NDPBM) stipulated by the Minister of Finance.

Article 7

For the payment of import duty and other import-related state taxes to the foreign exchange bank or the office of the Directorate General of Customs and Excise at which the customs obligation is fulfilled, the tine at which NDPBM, classification of goods, the rate of import duty, and import regulations take effect shall be the registry date of toe import notification (PIUD) at the foreign exchange bank and the office of the Directorate General of Customs and Excise.

Article 8

This decree shall take effect as from the date of stipulation.

For public cognizance, this decree shall be announced by placing it in the State Gazette of the Republic of Indonesia.

Stipulated in Jakarta
On July 31, 1996

THE MINISTER OF FINANCE,
sgd.
MAR'IE MUHAMMAD