DECREE OF THE MINISTER OF FINANCE
No.349/KMK.01/1999
CONCERNING
AMENDMENT TO THE DECREE OF THE MINISTER OF FINANCE NO.291/KMK.05/1997 ON BONDED WAREHOUSES AS ALREADY AMENDED THE LATEST BY THE DECREE OF THE MINISTER OF FINANCE NO.292/KMK.01/1998
THE MINISTER OF FINANCE
Considering :
- a. that the use of goods resulting from the processing activities in bonded zones as the support of industries in other Indonesian customs areas needs to be further increased;
- b. that exports by companies located outside bonded zones, which produce export commodities need to be increased;
- c. that in relation thereto, it is deemed necessary to re-stipulate the total of release of products processed by PDKB which produce finished goods or other goods/materials for further processing in other Indonesian customs areas, by issuing 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. Government Regulation No.33/1996 on bonded stockpiling sites (Statute Book of 1996 No.50, Supplement to Statute Book No.3638) as already amended by Government Regulation No.43/1997 (Statute Book of 1997 No.40), Supplement to Statute Book No.3717);
- 3. Presidential Decree No.122/M/1998;
- 4. Decree of the Minister of Finance No.291/KMK.05/1997 on bonded warehouses as already amended the latest by the Decree of the Minister of Finance No.292/KMK.01/1998;
DECIDES :
To stipulate :
THE DECREE OF THE MINISTER OF FINANCE CONCERNING AMENDMENT TO THE DECREE OF THE MUSTER OF FINANCE NO.291/KMK.05/1997 ON BONDED WAREHOUSES AS ALREADY AMENDED THE LATEST BY THE DECREE OF THE MINISTER OF FINANCE NO.292/KMK.01/1998.
Article 1
To amend Article 10 paragraph (7) of the Decree of the Minister of Finance No.291/KMK.05/1997, so as to read as follows :
"Article 10
(7) The release of goods already processed by PDKB which are destined for DPIL, can be done by using Import Declarations (PIB/BC.2.0) in accordance with the customs procedure in the import sector, with the provision as follows :
a. The release to DPIL by companies using Bapeksta Keuangan a facility is treated the same as the release for export purposes.
b. The total of release to PDIL, after the realization of export and/or release to other PDKB is as follows :
b.1. goods which need not further processing, can function independently without the support of other goods and are used by end consumers is at the maximum 50%;
b.2. goods other than those as meant in letter b.1 is 100%; of the value of exports realized and/or release to other PDKB."
Article 2
This decree shall come into force as from July 1, 1999.
For public cognizance, this decree shall be published by placing it in State Gazette of the Republic of Indonesia.
Stipulated in Jakarta
On June 24,1 999
THE MINISTER OF FINANCE
sgd
BAMBANG SUBIANTO