to Indonesian

REGULATION OF THE MINISTER OF FINANCE
No. 117/PMK.011/2012

CONCERNING
STIPULATION OF IMPORT DUTY TARIFF WITHIN THE FRAMEWORK OF ASEAN-CHINA FREE TRADE AREA (ACFTA)

BY THE GRACE OF ALMIGHTY GOD
THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA,

Attachment

Considering:

a. that in an effort to enhance comprehensive economic cooperation among ASEAN Member Countries and the People's Republic of China, the Government of the Republic of Indonesia has ratified the Framework Agreement on the Comprehensive Economic Cooperation Among the Government of the Member Countries of the Association of Southeast Asian Nations and the People's Republic of China under Presidential Regulation No. 48/2004;

b. that in order to follow up on the framework agreement as intended in paragraph a, it is already signed Agreement on Trade in Goods of The Framework Agreement on Comprehensive Economic Cooperation Between The Association of South East Asian Nations and The People's Republic of China;

c. that based on the modalities contained in the agreement as intended in paragraph b. timetable for the reduction of customs tariff within the framework of ASEAN-China Free Trade Area (ACFTA) has been set;

d. that based on considerations as intended in a., b., and c. and in an effort to implement provisions in Article 13 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 Stipulation of Import Duty Tariff Within the Framework of ASEAN China Free Trade Area (ACFTA);

In view of:

1. 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);

2. Presidential Regulation No. 48/2004 concerning the Ratification of Framework Agreement on The Comprehensive Economic Cooperation Between The Association of South East Asian Nations and The People's Republic of China;

3. Presidential Decree No. 56/P of 2010:

5. Regulation of the Minister of Finance No. 213/PMK.010/2011 concerning the System of Classifying Goods and Imposing Duties on Imported Goods:

Observing:

Letter of the Minister of Trade of the Republic of Indonesia No. 1916/M-DAG/SD/12/2011 dated December 30, 2011;

DECIDES:

To stipulate:

REGULATION OF THE MINISTER OF FINANCE CONCERNING STIPULATION OF IMPORT DUTY TARIFF WITHIN THE FRAMEWORK OF ASEAN-CHINA FREE TRADE AREA (ACFTA)

Article 1

(1) To stipulate the import duty tariff on the import of goods from the People Republic of China and ASEAN member countries within the framework of ASEAN-China Free Trade Area (ACFTA), as listed in Attachment that is an integral part of this Ministerial Regulation.

(2) Stipulation of import duty tariff as intended in paragraph (1) shall apply following provisions:

Article 2

Imposition of import duty based on stipulation of import duty tariff as intended in Article 1, will be implemented with following provisions:

Article 3

Provisions in this Ministerial Regulation shall apply to the imports of goods whose import notifications have obtained registry numbers from the customs office at the port of entry.

Article 4

Director General of Customs and Excise is instructed to implement provisions in this Ministerial Regulation.

Article 5

At the time when this Ministerial Regulation begins to take effect, Regulation of the Minister of Finance No. 235/PMK.011/2008 concerning the Import Duty Tariff within the Framework of ASEAN-China Free Trade Area (ACFTA) shall be revoked and declared null and void.

Article 6

This Ministerial Regulation shall come into force on the date of promulgation.

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

Stipulated in Jakarta
on July 10, 2012
THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA
signed
AGUS D.W. MARTOWARDOJO