REGULATION OF THE MINISTER OF FINANCE
No. 55/PMK.011/2011

CONCERNING
IMPOSITION OF SAFEGUARD MEASURES IMPORT DUTY ON THE IMPORT OF STEEL WIRE ROPES WITH HEADING EX 7312.10.10.00

BY GRACE OF THE ALMIGHTY GOD
THE MINISTER OF FINANCE,

Attachment

Considering:

a. that based on the result of an investigation conducted by the Indonesian Committee on Trade Safeguard which show a surge in the import of steel wire ropes with heading 7312.10.10.00, thereby inflicting serious losses on the domestic industry;

b. that in the framework to follow up that investigation result in paragraph a, Minister of Trade by Letter No. 774/M-DAG/SD/6/2010 dated June 14, 2010, No. 1632/M-DAG/SD/10/2010 dated October 22, 2010, and No. 1854/M-DAG/SD/12/2010 dated December 20, 2010, propose the Imposition of Safeguard Measures Import Duty on the import of steel wire ropes with heading ex 7312.10.10.00;

c. that based on Article 21 of Presidential Decree No. 84/2002 concerning Efforts to Safeguard the Domestic Industry form the Impact of Import Surge, the Minister of Finance can constantly take safeguard measures in the form of import duty;

d. that based on consideration as intended in paragraphs a, b and c, and in the framework to implement provision of Article 23D paragraph (2) of Law No. 10/1995 concerning Customs as amended by Law No. 17/2006, it is necessary to stipulated Regulation of the Minister of Finance concerning the Imposition of Safeguard Measures Import Duty on the Import of Steel Wire Ropes with Heading 7312.10.10.00;

In view of:

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

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

3. Presidential Decree No. 84/2002 concerning Efforts to Safeguard the Domestic Industry form the Impact of Import Surge (Statute Book No. 133/2002);

4. Presidential Decree No. 56/P/2010;

Observing:

1. Letter of the Minister of Trade No. 774/M-DAG/SD/6/2010 dated June 14, 2010 with subject Proposes the Imposition of Safeguard Measures Import Duty on the Import of Steel Wire Ropes Products (Heading 7312.10.10.00) and Letter of the Secretary General of Ministry of Trade No. 676-/SJ-DAG/SD/6/2010 dated June 28, 2010 with subject Proposes the Imposition of Safeguard Measures Import Duty on the Import of Steel Wire Ropes Products (Heading 7312.10.10.00) and Letter of the Secretary General of Ministry of Trade No. 745-/SJ-DAG/SD/7/2010 dated July 13, 2010 with Subject Specification of Steel Wire Ropes Products Heading 7312.10.10.00;

2. Letter of the Minister of Trade No. 1632/M-DAG/SD/10/2010 dated October 22, 2010 with subject propose the Imposition of Safeguard Measures Import Duty on the import of steel wire ropes (Heading 7312.10.10.00);

3. Letter of the Minister of Trade No. 1854/M-DAG/SD/12/2010 dated December 20, 2010 with subject proposes the Imposition of Safeguard Measures Import Duty on the Import of Steel Wire Ropes (Heading 7312.10.90.00) and Letter of Secretary General of Ministry of Trade No. 51/M-DAG/SD/1/2011 dated January 17, 2011 with subject List of Development Countries excepted from Imposition of Safeguard Measures Import Duty (BMTP) of woven fabrics of cotton, bleached and unbleached; Binder Wire, Zink Wire and Steel Wire Ropes;

4. Letter of the Head of Indonesian Committee on Trade Safeguard No. 430/KPPI/VII/2010 dated July 28, 2010 concerning Exception on the Goods are from Certain Countries;

5. Report of Indonesian Committee on Trade Safeguard about Investigation Result for Safeguard Measures on the Import of Steel Wire Ropes with Heading 7312.10.10.00;

HAS DECIDED:

To stipulate:

REGULATION OF THE MINISTER OF FINANCE CONCERNING THE IMPOSITION OF SAFEGUARD MEASURES IMPORT DUTY ON THE IMPORT OF STEEL WIRE ROPES WITH HEADING 7312.10.10.00

Article 1

On the import of steel wire ropes in the form rotated wire with diameter 6 mm or more steel strand, each outside steel wire formed to lock each other in one locked coil, flattened strands and non-rotating wire ropes), not flatted, in the heading ex 7312.10.10.00, are imposed Safeguard Measures Import Duty.

Article 2

Safeguard Measures Import Duty as intended in Article 1 shall be imposed for 3 (three) years under the following condition:

No. Period  The Amount of Safeguard Measures Import Duty
1 1st Year, one year period since stipulation date of this Regulation of the Minister of Finance. Rp 18,620 per kilogram
2 2nd Year, one year period since ending date of first year period. Rp 17,326 per kilogram
3 3rd Year, one year period since ending date of second year period. Rp 16,858 per kilogram

Article 3

The Safeguard Measures Import Duty as intended in Article 1 shall be imposed on the import of steel wire ropes products from all countries except produced in and imported from countries as stated in Attachment to this Regulation of the Minister of Finance, which is an integral part of this Regulation of the Minister of Finance.

Article 4

(1) Imposition of Anti Dumping Import Duty as intended in Article 1 is:

(2) In case provisions in Common Effective Preferential Tariff Schemes are not fulfilled, imposition of Safeguard Measures Import Duty on the import from countries are in international goods trading agreement schemes as intended in paragraph (1) b is Most Favored Nation.

Article 5

The import of steel wire ropes products from countries excepted from the imposition of Safeguard Measures Import Duty as intended in Article 3 and from countries has trading agreement with Indonesia as intended in Article 4 paragraph (1) b, importer shall submit Certificate of Origin.

Article 6

Provisions of Safeguard Measures Import Duty Tariff as intended in Article 2, shall apply to the import of goods whose import customs notification has secured registration number from the Customs Office at the port of entry since effective date of this Regulation of the Minister of Finance.

Article 7

1. This Regulation of the Minister of Finance shall come into force from the date of stipulation.

2. This Regulation of the Minister of Finance is effective for 3 (three) years since effective date of this Regulation of the Minister of Finance.

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

Stipulated in Jakarta
On March 23, 2011
MINISTER OF FINANCE
signed,
AGUS D.W. MARTOWARDOJO