REGULATION OF THE MINISTER OF FINANCE
No. 88/PMK.011/2010

CONCERNING
THIRD AMENDMENT TO REGULATION OF THE MINISTER OF FINANCE NO. 110/PMK.010/2006 CONCERNING THE SYSTEM OF CLASSIFYING GOODS AND CHARGING DUTIES ON IMPORTED GOODS

BY GRACE OF THE ALMIGHTY GOD
THE MINISTER OF FINANCE,

Considering:

a. that based on Regulation of the Minister of Finance No. 110/PMK.010/2006 concerning the System of Classifying Goods and Charging Duties on Imported Goods as several times amended the latest by Regulation of the Minister of Finance No. 233/PMK.011/2008, the system of classifying goods and charging duties on imported goods including headings/ subheadings for incompletely knocked down motor vehicles and components of incompletely knocked down motor vehicles has been stipulated;

b. that to improve the competitive edge of the motor vehicle industry and encourage the use of more local contents for the motor vehicle industry, it is necessary to change the system of classifying and charging duties on the import of incompletely knocked down motor vehicles and components of incompletely knocked down motor vehicles;

c. that based on the considerations in a and b, to implement provisions in Article 12 paragraph (3) of Law No. 10/1995 concerning Customs as amended by Law No. 17/2006, it is necessary to stipulate a Regulation of the Minister of Finance concerning Third Amendment to Regulation of the Minister of Finance No. 110/PMK.011/2006 concerning the System of Classifying Goods and Charging Duties on Imported Goods;

In view of:

1. Law No. 7/1994 concerning the Ratification of Agreement Establishing The World Trade Organization (Statute Book of No. 57/1994, Supplement to Statute Book No. 3564);

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

3. Presidential Decree No. 84/P/2009;

4. Regulation of the Minister of Finance No. 110/PMK.010/2006 concerning the System of Classifying Goods and Charging Duties on Imported Goods as 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 THIRD AMENDMENT TO REGULATION OF THE MINISTER OF FINANCE NO. 110/PMK.010/2006 CONCERNING THE SYSTEM OF CLASSIFYING GOODS AND CHARGING DUTIES ON IMPORTED GOODS

Article I

Several provisions in Regulation of the Minister of Finance No. 110/PMK.010/2006 concerning the System of Classifying Goods and Charging Duties on Imported Goods as several times amended the latest by Regulation of the Minister of Finance No. 233/PMK.011/2008 shall be amended as follows:

1. Changing the system of classifying goods and charging duties on heading 98.01, heading 98.02, and heading 98.03 as stipulated in Attachment II to Regulation of the Minister of Finance No. 110/PMK.010/2006 concerning the System of Classifying Goods and Charging Duties on Imported Goods as several times amended the latest by Regulation of the Minister of Finance No. 233/PMK.011/2008 so that it becomes as stipulated in Attachment I to this Regulation of the Minister of Finance which is an integral part of this Regulation of the Minister of Finance.

2. Approving notes to heading 98.01, heading 98.02 and heading 98.03 as intended in point 1 to become as stipulated in Attachment II to this Regulation of the Minister of Finance which is an integral part to this Regulation of the Minister of Finance.

3. Heading 98.01, heading 98.02, and heading Pos 98.03, as intended in point 1 and point 2 are CHAPTER 98 according to the manual of the Indonesia Customs Tariff Book 2007 (BTBMI 2007).

Article II

This Regulation of the Minister of Finance shall come into force as from the date of promulgation.

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

Stipulated in Jakarta
on April 21, 2010
THE MINISTER OF FINANCE,
signed,
SRI MULYANI INDRAWATI