REGULATION OF THE MINISTER OF FINANCE
NUMBER 235/PMK.011/2008

CONCERNING
STIPULATION OF IMPORT DUTY TARIFF WITHIN THE FRAMEWORK OF ASEAN-CHINA FREE TRADE AREA (AC-FTA)

THE MINISTER OF FINANCE,

Considering:

a. that in an effort to enhance comprehensive economic cooperation among ASEAN Member Countries and the People's Republic of China, the Government of the Republic of Indonesia has ratified the Framework Agreement on the Comprehensive Economic Cooperation Among the Government of the Member Countries of the Association of Southeast Asian Nations and the People's Republic of China under Presidential Decision No. 48/2004;

b. that in order to follow up on the framework agreement as described in a., has signed Agreement on Trade in Goods of The Framework Agreement on Comprehensive Economic Cooperation Between The Association of South East Asian Nations and The People's Republic of China;

c. that based on the modalities contained in the agreement as described in b. timetable for the reduction of customs tariff within the framework of ASEAN-China Free Trade Area (AC-FTA) has been set;

d. that based on considerations as described in a., b., and c. and in an effort to implement provisions in Article 13 paragraph (3) of Law No. 10/1995 concerning Customs that is amended by Law No. 17of 2006, it is necessary to stipulate a Regulation of the Minister of Finance concerning Stipulation of Import Duty Tariff Within the Framework of ASEAN China Free Trade Area (AC-FTA);

In view of:

1. Law No. 10/1995 concerning Customs (Statute Book No. 75/1995, Supplement to Statute Book No. 3612) that is amended by Law No. 17/2006 (Statute Book No. 93/2006, Supplement to Statute Book No. 4661);

2. Presidential Regulation No. 48/2004 concerning the Ratification of Framework Agreement on The Comprehensive Economic Cooperation Between The Association of South East Asian Nations and The Peoples Republic of China;

3. Presidential Decision No. 20/P/2005:

4. Regulation of the Minister of Finance No. 110/PMK.010/2006 concerning the System of Classifying Goods and Imposing Duties on Imported Goods that is several times amended the latest by Regulation of the Minister of Finance No. 233/PMK.011/2008;

HAS DECIDED:

To stipulate:

REGULATION OF THE MINISTER OF FINANCE CONCERNING STIPULATION OF IMPORT DUTY TARIFF WITHIN THE FRAMEWORK OF ASEAN-CHINA FREE TRADE AREA (AC-FTA)

Article 1

(1) To Stipulate the import duty tariff on the import of goods from the People's Republic of China and ASEAN member countries within the framework of ASEAN-China Free Trade Area (AC-FTA) for 2009 until 2012 period. It is in Attachment to this Regulation of the Minister of Finance that is an integral part of this Regulation of the Minister of Finance.

(2) The customs tariff as set in columns (5), (6), (7) and (8) in Attachment to this Regulation of the Minister of Finance shall constitute the import duty tariff within the framework of ASEAN-China Free Trade Area (AC-FTA) on the import of goods from all member countries and begin to take effect on January 1 every year.

(3) The import duty tariff as set in column (9) of Attachment to this Regulation of the Minister of Finance shall constitute the customs tariff within the framework of ASEAN-China Free Trade Area (AC-FTA) on the import of goods from the People's Republic of China as the application of reciprocal principles.

(4) As long as the import duty tariff is set in column (9) the import of goods from the People's Republic of China shall be exempted from provisions on the customs tariff as described in paragraph (2).

Article 2

Provisions in Article 1 shall be implemented as follows:

Article 3

This Regulation of the Minister of Finance shall apply to the imports of goods whose import notifications have obtained registry numbers from the customs office at the port of entry.

Article 4

At the time when this Regulation of the Finance Minister begins to take effect, Regulation of the Finance Minister No. 53/PMK.011/2007 concerning the Import Duty Tariff within the Framework of ASEAN-China Free Trade Area (AC-FTA) shall be declared null and void.

Article 5

This Regulation of the Minister of Finance shall come into force as from January 1, 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
THE MINISTER OF FINANCE
signed,
SRI MULYANI INDRAWATI