REGULATION OF THE MINISTER OF FINANCE
No. 61/PMK.010/2006

ABATEMENT OF IMPORT DUTY ON THE IMPORT OF BUS CHASSIS WITH INSTALLED ENGINE FOR MANUFACTURING PUBLIC TRANSPORT BUSES AND COMPLETELY KNOCK DOWN (CKD) ENGINE FOR MANUFACTURING COMMERCIAL TRANSPORT

THE MINISTER OF FINANCE,

Considering :

• a. that in the framework of fulfilling the need for public transport as well as helping domestic assembly industry, it is deemed necessary to provide facility of abatement of import duty on the import of bus chassis with installed and completely Knock Down (CKD) engine for manufacturing commercial transport vehicle;
• b. that based on the consideration as meant in letter a, it is necessary to stipulate a regulation of the Minister of Finance on Relief of Import Duty on the Import of Bus Chassis with Installed Engine for manufacturing Public Transport Buses and Completely Knock Sown (CKD) Engine for manufacturing Commercial Transport Vehicle;

In view of :

• 1. Law No. 10/1995 on Customs Affairs;
• 2. Presidential Decree No. 187/M/2004;
• 3. Decree of the Minister of Finance No. 545/KMK.01/2003 on Stipulation of System of Classification of Imported Goods;
• 4. Decree of the Minister of Finance No. 547/KMK.01/2003 on Stipulation of Tariffs on Import Duty on Imported Goods;

DECIDES :

To. Stipulate :

THE REGULATION OF THE MINISTER OF FINANCE ON ABATEMENT OF IMPORT DUTY ON THE IMPORT OF BUS CHASSIS WITH INSTALLED ENGINE FOR MANUFACTURING PUBLIC TRANSPORT BUSES AND COMPLETELY KNOCK DOWN (CKD) ENGINE FOR MANUFACTURING COMMERCIAL TRANSPORT.

Article 1

(1) The import of bus chassis with installed engine for carrying 16 (sixteen) persons or over by internal spark ignition piston engine (diesel or semi diesel) HS Ex 8706.00.21.00 for the manufacturing of 3.000 (three thousand) public transport buses shall be abated import duty so that the final tariff of import duty becomes 5% (five percent).

(2) The import of vehicle for carrying 16 (sixteen) persons or over in a Completely Knock Down (CKD) condition HS Ex. 8702.10 and HS 8702.90 for the manufacturing of commercial transport vehicle shall be abated of import duty so that the final tariff of import duty becomes 5% (five percent).

(3) The import of vehicle for carrying goods in CKD condition (HS Ex.870410. Ex. 8704.21, Ex 8704.22, Ex 8704.23, Ex 8704.32, and Ex 8704.90) for the manufacturing of commercial transport vehicle shall be abated import duty so that the final tariff of import duty becomes 5% (five percent).

Article 2

The Minister of Transportation shall stipulate the public transport companies, allocation of the imported bus chassis and CKD as meant in Article 1.

Article 3

Application for obtaining the abatement of import duty, as it is meant in Article 1, is submitted by public transportation as meant in Article 2 to the Director General Custom and Excise and copy to Director General of Land Transportation and Director General of International Trade.

Article 4

Director General of Custom and Excise on behalf Minister of Finance issues Minister of Finance's Decree concerning abatement of import duty as meant in Article 1.

Article 5

Director General of Custom and Excise regulates further the implementation of this Minister Finance Regulation.

Article 6

This Regulation will be in effect for 12 (twelve) months started on March 10, 2006.

For public cognizance, the regulation shall be announced by placing it in State Gazette of the Republic of Indonesia.

Stipulated in Jakarta
On July 24, 2006

THE MINISTER OF FINANCE
(signature)
SRI MULYANI INDRAWATI