REGULATION OF THE MINISTER OF TRADE
No. 35/M-DAG/PER/8/2007
CONCERNING
STIPULATION OF THE EXPORT REFERENCE PRICES (HPE) OF CERTAIN EXPORT GOODS
THE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA,
Attachment
Considering of:
- a. That in order to implement the provision in Article 3 paragraph (6) of government regulation No. 35/2005 regarding export levies on certain exported goods, it is necessary to stipulate a regulation of the minister of trade on stipulation of export check prices of certain exported goods;
- b. That in relation thereto, it is necessary to issue a regulation of the minister of Trade;
In view of:
- 1. Trade Ordinance of 1934 (statute book of 1938 No. 86);
- 2. Law No. 10/1995 on customs affairs (stature book of 1995 No. 75, supplement to statute book No. 3612) as has already been amended by Law No. 17/2006 (statute book of 2006 No. 93, supplement to statute book No. 4661);
- 3. Law No. 20/1997 on non-tax state revenue (statute book of. 1999 No. 30, supplement to statute book No. 3888);
- 4. Government Regulation No. 35/2005 on export levies on certain exported goods (State book of 2005 No. 82 , supplement to statute book No. 4531);
- 5. Presidential Decree No. 260/1967 on affirmation of the tasks and responsibility of the minister of Trade in the foreign trade sector;
- 6. Presidential Decree No. 187/M/2004 on the establishment of the United Indonesia Cabinet as has already been amended several times by Presidential decree No. 171/M/2005;
- 7. Presidential Regulation No. 9/2005 on the status, tasks, functions, organizational structures and working arrangements of state ministries of the Republic of Indonesia as has already been amended several times and the latest by the Presidential Regulation No. 91/2006;
- 8. Presidential Regulation No. 10/2005 on first-echelon organizational units and tasks of state ministries as has already been amended several times and the latest by Presidential Regulation No. 17/2005;
- 9. Decree of the minister of industry and trade No. 558/MPP/KEP/12/1998 JO. Regulation of the minister of trade No. 01/M-DAG/PER/1/2007 on export general provisions;
- 10. Regulation of the minister of trade No. 01/M-DAG/PER/3/2005 on the Organization and working arrangement of the ministry of trade as has already been amended several times and the latest by regulation of the minister of trade No. 22/M-DAG/PER/2007;
- 11. Regulation of the Minster of Trade No. 25/M-DAG/PER/12/2005 on procedures for stipulation of export check prices of certain exported goods;
- 12. Regulation of the minister of trade No. 59/M-DAG/KEP/3/2006 dated March 29, 2006 on the establishment of the team for stipulating export check prices (HPE) of certain exported goods;
Observing:
- 1. Letter off the coordinating Minister for Economy No. S-96/M.EKON/08/2007 dated august 31, 2007 regarding Policy on Stabilization of basic necessity rice, sugar and cooking oil;
- 2. Result of the coordinating meeting with related institutions and associations on August 30, 2007 regarding stipulation of HPE of certain Exported goods in September 2007.
HAS DECIDED:
To stipulate:
THE REGULATION OF THE MINISTER OF TRADE ON STIPULATION OF EXPORT CHECK PRICES (HPE) OF CERTAIN EXPORTED GOODS
Article 1
The Minister in Charge of trading affairs on the appointed official in this case the director general of Foreign trade shall stipulate export check price (HPE) of certain exported goods every month.
Article 2
HPE as intended in Article 1 shall be stipulated by referring to international average prices and/or FOB average prices at seaports in Indonesia in one month before the stipulation of HPE.
Article 3
(1) The rate of export levy on palm oil and its derivative products shall refer to the average price of CPO CIF Rotterdam in one month before HPE is stipulated.
(2) The average price as intended in paragraph (1) shall be US $816/MT.
(3) The average price as intended in paragraph (2), the tariff of export levy shall be as contained in attachment IV to regulation of the minister of finance No. 94/PMK.011/2007 dated august 31, 2007 regarding the Seventh amendment to regulation of the Minister of Finance No. 92/PMK.02/2005 dated October 10,2005 on stipulation of export check prices of certain exported goods and rate of export levy.
(4) The amount of HPE, Export Levy and value of Export Levy on Palm oil, CPO and its derivative products shall be stipulated as contained in attachment I to this regulation.
Article 4
HPE, Export Levy and Value of Export Levy on Timber, rattan and leather shall be stipulated as contained in Attachment II to this regulation.
Article 5
HPE as intended in Articles 3 and 4 shall apply as from September 3, 2007 to September 30, 2007.
Article 6
In the case that the validity period of HPE stipulated on the basis of this regulation has already expired and the new HPE is yet to be stipulated, HPE contained in the attachment to this regulation shall remain effective as the basis for calculating PE until new export prices are stipulated.
Article 7
With the enforcement of this regulation, the export check prices (HPE) as contained in the Attachment to regulation of the Minister of trade No. 32/M-DAG/PER/8/2007 on stipulation of export Check Prices (HPE) of certain exported goods shall be declared null and void.
For public cognizance, the regulation shall be published in state gazette of the Republic of Indonesia.
Stipulated in Jakarta
On August 31, 2007
THE MINISTER OF TRADE
Signed,
MARI ELKA PANGESTU
Attachment to REGULATION OF THE MINISTER OF TRADE
No. 35/M-DAG/PER/8/2007