REGULATION OF THE MINISTER OF FINANCE
No. 56/PMK.011/2011

CONCERNING
IMPOSITION OF SAFEGUARD MEASURES IMPORT DUTY ON THE IMPORT OF ZINC WIRE

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 zinc wire, 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. 989/M-DAG/SD/7/2010 dated July 20, 2010, No. 1669/M-DAG/SD/11/2010 dated November 3, 2010, and No. 1855/M-DAG/SD/12/2010 dated December 20, 2010, propose the Imposition of Safeguard Measures Import Duty on the import of zinc wire;

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 zinc wire;

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. 989/M-DAG/SD/7/2010 dated July 20, 2010 with subject Proposes the Imposition of Safeguard Measures Import Duty on the Import of zinc wire;

2. Letter of the Minister of Trade No. 1669/M-DAG/SD/11/2010 dated November 3, 2010 with subject propose the Imposition of Safeguard Measures Import Duty on the import of Zinc Wire Products (Heading 7217.20.10.00);

3. Letter of the Minister of Trade No. 1855/M-DAG/SD/12/2010 dated December 20, 2010 with subject proposes the Imposition of Safeguard Measures Import Duty on Zinc Wire (Heading 7217.20.10.00) 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 Zinc Wire;

HAS DECIDED:

To stipulate:

REGULATION OF THE MINISTER OF FINANCE CONCERNING THE IMPOSITION OF SAFEGUARD MEASURES IMPORT DUTY ON THE IMPORT OF ZINC WIRE.

Article 1

On the import of zinc wire that is wire of iron non-alloy steel, not plated or coated with zinc, containing by weight less than 0.25% of carbon, except British Weight Gauge (BWG) size more that 20 or diameter less than 0.89 mm and diameter between 1.9 mm until 4.2 mm with zinc coated 240 gr/m2, in the heading 7217.20.10.00, 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 6,658 per kilogram
2 2nd Year, one year period since ending date of first year period. Rp 5,643 per kilogram
3 3rd Year, one year period since ending date of second year period. Rp 4,629 per kilogram

Article 3

The Safeguard Measures Import Duty as intended in Article 1 shall be imposed on the import of zinc wire 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 Safeguard Measures 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 shall be Most Favored Nation.

Article 5

The import of zinc wire 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 as intended in paragraph 1.

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