REGULATION OF THE MINISTER OF FINANCE
No. 159/PMK.011/2008
CONCERNING
THE TENTH AMENDMENT TO REGULATION OF THE MINISTER OF FINANCE No. 92/PMK.02/2005 CONCERNING STIPULATION OF CERTAIN EXPORTED GOODS AND RATES OF EXPORT LEVY
THE MINISTER OF FINANCE,
Attachment
Considering:
a. that in the framework to solve impact of significant CPO price in the international market, it is necessary to strengthen exports by eliminating export barriers and reducing the tariff of export of palm oil, CPO and their By Products;
b. that based on consideration as intended in paragraph a, it is necessary to stipulate Regulation of the Minister of Finance concerning the Tenth Amendment to Regulation of the Minister of Finance No. 92/PMK.02/2005 concerning Stipulation of Certain Exported Goods and Rates of Export Levy;
In view of:
1. Government Regulation No. 35/2005 concerning Export Levy on Certain Exported Goods (Statute Book No. 82/2005, Supplement to Statute Book No. 4531);
2. Presidential Decree No. 20/P/2005;
3. Regulation of the Minister of Finance No. 92/PMK.02/2005 concerning Stipulation on Certain Exported Goods and the Amount of Export Levy as amended several times, the latest by Regulation of the Minister of Finance No. 72/PMK.011/2008;
HAS DECIDED:
To stipulate:
THE REGULATION OF THE MINISTER OF FINANCE CONCERNING THE TENTH AMENDMENT TO REGULATION OF THE MINISTER OF FINANCE No. 92/PMK.02/2005 CONCERNING STIPULATION OF CERTAIN EXPORTED GOODS AND AMOUNT OF EXPORT LEVY.
Article I
Several provisions in Regulation of the Minister of Finance No. 92/PMK.02/2005 concerning Stipulation of Certain. Exported Goods and Amount of Export Levy as amended several times by Regulation of the Minister of Finance:
- a. No. 130/PMK.010/2005;
- b. No..30/PMK.02/2006;
- c. No. 51/PMK.02/2006;
- d. No. 88/PMK.010/2006;
- e. No. 61/PMK.011/2007;
- f. No. 83/PMK.02/2007;
- g. No. 94/PMK.011/2007;
- h. No. 9/PMK.011/2008;
- i. No. 72/PMK.011/2008;
- shall be amended as follow:
1. To amend Article 3 paragraph (1A) of Regulation of the Minister of Finance No. 92/PMK.02/2005 as amended the latest by No. 72/PMK.011/2008 so as to become as follows:
"Article 3
(1) The certain types of export goods and the tariffs of export levies as intended in Article 2 shall be as contained in Attachment to this Regulation of the Minister of Finance.
(1a) The following provisions shall apply to the setting and imposition of the tariffs of export levies on export goods in the form of palm oil, CPO, and their by products;
- a. For the reference price of up to USD 700 (seven hundred United States dollars) per ton, the tariff of export levies shall be as contained in Column 1 of Attachment to this Regulation of the Minister of Finance.
- b. For the reference price of more than or equal to USD 701 (seven hundred and one United States dollars) per ton up to USD 750 (seven hundred and fifty United States dollars) per ton, the tariff of export levies shall be as contained in column 2 of Attachment to this Regulation of the Minister of Finance.
- c. For the reference price of more than or equal to USD 751 (seven hundred fifty one United States dollars) per ton up to USD 800 (eight hundred United States dollars) per ton, the tariff of export levies shall be as contained in column 3 of Attachment to this Regulation of the Minister of Finance.
- d. For the reference price of more than or equal to USD 801 (eight hundred and one United States dollars) per ton up to USD 850 (eight hundred and fifty United States dollars) per ton, the tariff of export levies shall be as contained in column 4 of Attachment to this Regulation of the Minister of Finance.
- e. For the reference price of more than or equal to USD 851 (eight hundred fifty one United States dollars) per ton up to USD 900 (nine hundred United States dollars) per ton, the tariff of export levies shall be as contained in column 5 of Attachment to this Regulation of the Minister of Finance.
- f. For the reference price of more than or equal to USD 901 (nine hundred and one United States dollars) per ton up to USD 950 (nine hundred and fifty United States dollars) per ton, the tariff of export levies shall be as contained in column 6 of Attachment to this Regulation of the Minister of Finance.
- g. For the reference price of more than or equal to USD 951 (nine hundred fifty one United States dollars) per ton up to USD 1,000 (one thousand United States dollars) per ton, the tariff of export levies shall be as contained in column 7 of Attachment to this Regulation of the Minister of Finance.
- h. For the reference price of more than or equal to USD 1,001 (one thousand and one United States dollars) per ton up to USD 1,050 (one thousand and fifty United States dollars) per ton, the tariff of export levies shall be as contained in column 8 of Attachment to this Regulation of the Minister of Finance.
- i. For the reference price of more than or equal to USD 1,051 (one thousand fifty one United States dollars) per ton up to USD 1,100 (one thousand one hundred United States dollars) per ton, the tariff of export levies shall be as contained in column 9 of Attachment to this Regulation of the Minister of Finance.
- j. For the reference price of more than or equal to USD 1,101 (one thousand one hundred and one United States dollars) per ton up to USD 1,150 (one thousand one hundred and fifty United States dollars) per ton, the tariff of export levies shall be as contained in column 10 of Attachment to this Regulation of the Minister of Finance.
- k. For the reference price of more than or equal to USD 1,151 (one thousand one hundred fifty one United States dollars) per ton up to USD 1,200 (one thousand two hundred United States dollars) per ton, the tariff of export levies shall be as contained in column 11 of Attachment to this Regulation of the Minister of Finance.
- l. For the reference price of more than or equal to USD 1,201 (one thousand two hundred and one United States dollars) per ton up to USD 1,250 (one thousand two hundred and fifty United States dollars) per ton, the tariff of export levies shall be as contained in column 12 of Attachment to this Regulation of the Minister of Finance.
- m. For the reference price of more than or equal to USD 1,251 (one thousand two hundred and fifty one United States dollars) per ton, the tariff of export levies shall be as contained in column 13 of Attachment to this Regulation of the Minister of Finance.
(1b) The reference price as intended in paragraph (1a) shall be set by the minister responsible for the trade sector by observing the price of CPO CIF Rotterdam.
(2) deleted."
2. To amend Attachments I, II, III, IV, V, VI, VII, and VIII to Regulation of the Finance Minister No. 72/PMK.011/2008 concerning the Ninth Amendment to Regulation of the Finance Minister No. 92/PMK.02/2005 concerning the Certain Types of Export Goods and the Tariffs of Export Levies to become those as stipulated in Attachments to this Regulation of the Minister of Finance.
Article II
This Regulation of the Minister of Finance shall come into effect since November 1, 2008.
For public cognizance, this Regulation of the Minister of Finance shall be announced in the State Gazette of the Republic of Indonesia.
Stipulated in Jakarta
on October 30, 2008
MINISTER OF FINANCE,
signed,
SRI MULYANI INDRAWATI