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REGULATION OF THE MINISTER OF FINANCE
No. 234/PMK.011/2008

CONCERNING
REVOCATION OF REGULATION OF THE MINISTER OF FINANCE No. 10/PMK.011/2008 CONCERNING VALUE ADDED TAX BORNE BY THE GOVERNMENT ON IMPORT AND/OR DELIVERY OF WHEAT AND WHEAT FLOUR AND REGULATION OF THE MINISTER OF FINANCE No. 25/PMK.011/2008 CONCERNING VALUE ADDED TAX BORNE BY THE GOVERNMENT ON IMPORT AND/OR DELIVERY OF WHEAT UNDER TARIFF POST 1001.90.19.00

THE MINISTER OF FINANCE,

Considering:

a. that in line with the decrease in international price of wheat that affects stability in the domestic price of wheat and wheat flour, it is necessary to review the policy on the grant of Value Added Tax Borne by the Government as governed in Regulation of the Minister No. 10/PMK.011/2008 concerning Value Added Tax Borne by the Government on Import and/or Delivery of Wheat and Wheat Flour and Regulation of the Minister of Finance No. 25/PMK.011/2008 concerning Value Added Tax Borne by the Government on Import and/or Delivery of Wheat under Tariff Post 1001.90.19.00;

b. that based on the consideration in paragraph a, it is necessary to stipulate Regulation of the Minister of Finance concerning Revocation of Regulation of the Minister of Finance No. 10/PMK.011/2008 conceming Value Added Tax Borne by the Government on Import and/or Delivery of Wheat and Wheat Flour and Regulation of the Minister of Finance No. 25/PMK.011/2008 concerning Value Added Tax Borne by the Government on Import and/or Delivery of Wheat under Tariff Post 1001.90.19.00;

In view of:

1. Law No. 17/2003 concerning State Finance (Statute Book No. 47/2003, Supplement to Statute Book No. 4286);

2. Law No. 1/2004 concerning State Treasury (Statute Book No. 5/2004, Supplement to Statute Book No. 4355);

3. Law No. 45/2007 concerning State Revenue and Expenditure Budget for Budget Year 2008 (Statute Book No. 133/2007, Supplement to Statute Book No. 4778) as amended by Law No. 16/2008 (Statute Book No. 63/2008, Supplement to Statute Book No. 4848);

4. Presidential Decree No. 20/P/2005;

HAS DECIDED:

To stipulate:

REGULATION OF THE MINISTER OF FINANCE CONCERNING REVOCATION OF REGULATION OF THE MINISTER OF FINANCE No. 10/PMK.011/2008 CONCERNING VALUE ADDED TAX BORNE BY THE GOVERNMENT ON IMPORT AND/OR DELIVERY OF WHEAT AND WHEAT FLOUR AND REGULATION OF THE MINISTER OF FINANCE No. 25/PMK.011/2008 CONCERNING VALUE ADDED TAX BORNE BY THE GOVERNMENT ON IMPORT AND/OR DELIVERY OF WHEAT UNDER TARIFF POST 1001.90.19.00.

Article 1

Regulation of the Minister of Finance No. 10/PMK.011/2008 concerning Value Added Tax Borne by the Government on Import and Delivery of Wheat and Wheat Flour and Regulation of the Minister of Finance No. 25/PMK.011/2008 concerning Value Added Tax Borne by the Government on Import and/or Delivery of Wheat under Tariff Post 1001.90.19.00 have been revoked and declared null and void.

Article 2

This Regulation of the Minister shall take effect on 1 January 2009.

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

Stipulated in Jakarta
On December 23, 2008
MINISTER OF FINANCE,
signed,
SRI MULYANI INDRAWATI