REGULATION OF THE MINISTER OF TRADE
No. 45/M-DAG/PER/10/2007

CONCERNING
STIPULATION OF EXPORT CHECK PRICES (HPE) OF CERTAIN EXPORTED GOODS

THE MINISTER OF TRADE,

Attachment

Considering:

a. that in order to implement the provision in Article 3 paragraph (6) of Government Regulation No. 35/2005 concerning 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 Ordonance of 1934 (Statute Book of 1938 No. 86);
2. Law No. 10/1995 concerning Customs Affairs (Statute Book of 1995 No. 75, Supplement to Statute Book No. 3612);
3. Law No. 20/1997 concerning Non-tax State Revenue (Statute Book of 1999 No. 30, Supplement to Statute Book No. 3888);
4. Government Regulation No. 35/2005 concerning Export Levies on Certain Exported Goods (Statute Book of 2005 No. 82, Supplement to Statute Book No. 4531);
5. Presidential Decree No. 260/1967 concerning Affirmation of The Tasks and Responsibility of the Minister of Trade in the Foreign Trade Sector;
6. Presidential Decree No. 187/M/2004 concerning The Establishment of The United Indonesia Cabinet as has already been amended by Presidential Decree No. 171/M/2005;
7. Presidential Regulation No. 9/2005 concerning The Status, Tasks, Functions, Organizational Structures and Working Arrangements of State Ministries as has already been amended several times and the latest by Presidential Regulation No. 94/2006;
8. Presidential Regulation No. 10/2005 concerning First-echelon Organizational Units and Tasks of State Ministries as has already been amended several times and the latest by Presidential Regulation No. 17/2007;
9. Decree of the Minister of Industry and Trade No. 558/MPP/KEP/12/1998 joint Regulation of the Minister of Trade No. 01/M-DAG/PER/1/2007 concerning Export General Provisions;
10. Regulation of the Minister of Trade No. 01/M-DAG/PER/3/2005 concerning the Organzation 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. 34/M-DAG/PER/8/2007;
11. Regulation of the Minister of Trade No. 25/M-DAG/PER/12/2005 concerning 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 on the Establishment of the Team for Stipulating Export Check Prices (HPE) of Certain Exported Goods;

Observing:

1. Result of the Coordinating Meeting With Related Institutions and Associations on October 23, 2007 regarding Stipulation of HPE of Certain Exported Goods in November, 2007 period;
2. Letter of the Director General of Agricultural Product Processing and Marketing No. 738/PP.220/G/10/2007 dated October 24, 2007 on prices of palm nut and derivative products in the September - October 2007 period as input to HPE in November 2007;
3. Letter of the Director General of Metal, Machine, Textile and Multifarious Industries No. 776/ILMTA/X/2007 dated October 24, 2007 regarding Export Check Price of Leather.

HAS DECIDED:

To stipulate:

THE REGULATION OF THE MINISTER OF TRADE ON STIPULATION OF EXPORTCHECKPRICES (HPE) OF CERTAIN EXPORTED GOODS

Article 1

The Minister in charge of trading affairs or the appointed official in this case the Director General of Foreign Trade shall stipulate Export Check Prices (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 of 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$ 854/MT.

(3) Based on the average price as intended in paragraph (2), the rate 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 concerning the Seventh Amendment to Regulation of the Minister of Finance No. 92/PMK.02/2005 dated October 10, 2005 concerning Stipulation of Export Check Prices of Certain Exported Goods and Rate of Export Levy.

Article 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 5

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 6

HPE as intended in Articles 4 and 5 shall apply as from November 1, 2007 to November 30, 2007.

Article 7

In case of the validity period of HPE stipulated on the basis of this regulation already expiring and new HPE being not yet stipulated, HPE as contained in the attachment I and II to this regulation shall remain effective as the basis for calculating PE until new export prices are stipulated.

Article 8

With the enforcement of this regulation, the Export Check Prices (HPE) as contained in the Attachment to Regulation of the Minister of Trade No. 39/MDAG/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 October 25, 2007
THE MINISTER OF TRADE OF THE REPUBLIC OF INDONESIA
signed
MARI ELKA PANGESTU

Attachment to REGULATION OF THE MINISTER OF TRADE
No. 45/M-DAG/PER/10/2007

REGULATION OF THE MINISTER OF TRADE No. 45/M-DAG/PER/10/2007

CONCERNING STIPULATION OF EXPORT CHECK PRICES (HPE) OF CERTAIN EXPORTED GOODS