to Indonesian
a. that based Attachment III of Regulation of the Minister of Finance No. 213/PMK.011/2011 concerning the Determination Classification System of Goods and Imposition of Import Duty Rate on Imported Goods, it is determined import duty on imported goods in the form of soybean with tariff Post (HS) 1201.90.00.00 is 5 % (five percent);
b. that in the framework to maintain domestic soybean price stability due regard to the interests of farmers and consumers, it is necessary to make adjustments to the rates of import duty on goods in the form of soybean as intended in paragraph a for certain period;
c. that based on the Limited Coordination Meeting on Food and Soybean Price Stabilization Policies on July 25, 2012, coordinated by the Coordinating Ministry for Economic Affairs, involving the relevant agencies including the Ministry of Trade, Ministry of Industry, Ministry of Agriculture, and the Ministry of Finance, has agreed to reduce soybean import duty tariff from 5% (five percent) to 0% (zero percent) for the period up to December 31, 2012;
d. that according to the directives of the President in the Plenary Cabinet Meeting on July 26, 2012, in the framework to maintain the stability of food prices, in the short term the government will make the exemption import duty of soybeans;
e. that based on the considerations as intended in paragraphs a, b, c, and d, and in the framework to implement the provisions of Article 13 paragraph (2) of Law No. 10/1995 concerning Customs as amended by Law No. 17/2006, it is necessary to stipulate Regulation of the Minister of Finance concerning the Determination of Import Duty Rate on the Imported Goods in the form of Soybeans;
1. Law No. 7/1994 concerning Ratification of the Agreement Establishing the World Trade Organization (Statute Book of the Republic of Indonesia No. 57/1994, Supplement to Statute Book of the Republic of Indonesia No. 3564);
2. Law No. 10/1995 concerning Customs (Statute Book of the Republic of Indonesia No. 75/1995, Supplement to Statute Book of the Republic of Indonesia No. 3612) as amended by Law No. 17/2006 (Statute Book of the Republic of Indonesia No. 93/2006, Supplement to Statute Book of the Republic of Indonesia No. 4661);
3. Regulation of the Minister of Finance No. 213/PMK.011/2011 concerning Determination of Classification System of Goods and Imposition of Import Duty Rate on Imported Goods;
1. Letter of the Minister of Trade No.: 1255/M.DAG/SD/7/2012 dated July 27, 2012 on the Proposed Adjustment of Import Duty Rate on the Import of Soybean;
2. Letter of the Minister of Agriculture No.: 257/TU.210/M/8/2012 dated August 10, 2012 on the Temporary Reduction of Import Duty Tariff of Soybean (HS. 1201.90.00.00);
REGULATON OF THE MINISTER OF FINANCE CONCERNING DETERMINATION OF IMPORT DUTY RATE ON THE IMPORTED GOODS IN THE FORM OF SOYBEAN
The import of goods such as soybeans with tariff heading (HS) 1201.90.00.00 as intended at No. 942 of Attachment III of Regulation of the Minister of Finance No. 213/PMK.011/2011 concerning Determination of Classification System of Goods and Imposition of Import Duty on Imported Goods, imposition of import duty tariff is 0% (zero percent).
(1) The imposition of tariffs on imported goods in the form of soybean as intended in Article 1 shall apply for the period from the effective date of this Ministerial Regulation until December 31, 2012.
(2) The imposition of import duty tariff with the period as intended in paragraph (1) may be evaluated before the period ended.
(3) With the enactment of tariffs on imported goods such in the form of soybean as intended in Article 1, the import duty rate on imported goods in the form of soybean as governed at No. 942 of Attachment III of Regulation of the Minister of Finance No. 213/PMK.011/2011 concerning Determination of Classification System of Goods and Imposition of Import Duty Rate on Imported Goods with its amendment is now applied for temporary period according to the period as intended in paragraph (1).
(4) After the period of imposition of import duty tariff of goods in the form of soybean as intended in paragraph (1) is expires; import duty rate will apply again as governed at No. 942 in Attachment III of Regulation of the Minister of Finance No. 213/PMK.011/2011 concerning Determination of System Classification of Goods and Imposition of Import Duty Rate on Imported Goods and its amendment.
The imposition of import duty rate as intended in Article 1, shall apply on the imported goods in the form of soybean with tariff post (HS) 1201.90.00.00 which import customs notification documents have gained number and date of registration of the Customs Office of entry port since the date of this Ministerial Regulation come into force.
This Ministerial Regulation shall come into force on the date of promulgation.
For public cognizance, this Ministerial Regulation shall be promulgated by placing it in State Gazette of the Republic of Indonesia.
Stipulated in Jakarta
on August 13, 2012
MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA
signed,
AGUS D.W. MARTOWARDOJO