(Un-official translation)

DECREE OF THE MINISTER OF FINANCE

NO. 150/KMK.01/2001

ON

THE STIPULATION OF IMPORT DUTY RATES ON THE IMPORTATION OF PRODUCTS UNDER COMMON EFFECTIVE PREFERENTIAL TARIFF SCHEME FOR THE PERIOD OF 1 JANUARY 2001 TO 31 DECEMBER 2003

THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA

CONSIDERING  :   That in order to provide certainty for business community and to assert Indonesian commitment on the establishment of ASEAN Free Trade Area (AFTA), it is considered necessary to stipulate import duty rates on the importation of products under CEPT scheme for the period of 1 January 2001 to 31 December 2003

RECALLING  
         
1.   Customs Law Number 10, 1995 (Official Gazette of The Republic of Indonesia Number 75, Additional Official Gazette Number 3612);

2.   Decree of the President of the Republic of Indonesia Number 355/M/1999;

3.   Decree of the Minister of Finance Number 440/KMK.01/1996 dated 21 June 1996 on the stipulation of goods classification system and their import duty rates as already amended and added lastly, by the decree of the Minister of Finance Number 573/KMK.01/2000 dated 26 December 2000.

DECIDES:

TO STIPULATE    :   DECREE OF THE MINISTER OF FINANCE OF THE REPUBLIC OF INDONESIA ON THE STIPULATION OF IMPORT DUTY RATES ON THE IMPORTATION OF PRODUCTS UNDER COMMON EFFECTIVE PREFERENTIAL TARIFF SCHEME FOR THE PERIOD OF 1 JANUARY 2001 TO 31 DECEMBER 2001.

Article 1

Import duty rates for goods/products imported from Brunei Darussalam, Cambodia, Lao PDR, Malaysia, Myanmar, The Philippines, Singapore, Thailand, and Vietnam under Common Effective Preferential Tariff (CEPT) scheme for the period of 1 January 2001 to 31 December 2003 are stipulated in the attachment to this decree.

Article 2

In case the “Most Favoured Nations (MFN)” rate of duty for the product concerned is lower than the rate stipulated in this decree, the MFN rate prevails.

Article 3

The provision referred to in Article 1 shall be implemented as follows:

1.       The rate of import duty under CEPT scheme which is lower than the MFN rate, can only be applied for the importation of goods covered by certificate of origin (Form D) issued by authorized official in the ASEAN country concerned;

2.   Certificate of Origin (Form D) as mentioned in point 1 above is not required in case of:

      a. the rate of import duty under CEPT scheme is equal to the MFN rate;

      b. the customs value of the imported goods not exceeding US $ 200

Article 4

Director General of Customs and Excise is instructed to implement the provisions as referred to in this decree.

Article 5

With the enforcement of this decree, Decree of the Minister of Finance Number 273/KMK.01/2000 dated 30 June 2000 shall be declared null and void.

Article 6

For the importation of goods on which the import declaration has been registered at customs offices of the port of entry, this decree shall apply according to the period as set out in the attachment to this decree.

Article 7

This Decree shall come into force from 1 January 2001 to 31 December 2003.

For public cognizance, it is ordered to announce this decree by publishing it in the official Gazette of the Republic of Indonesia

Stipulated in Jakarta

on: 29 March 2001

Minister of Finance,

(sgd)

PRIJADI PRAPTOSUHARDJO