On 29 August 2014, the WCO announced that the Ambassador of the Republic of Indonesia in Brussels has sent the Secretary General of the WCO the instrument of accession of his country to the International Convention on the Simplification and Harmonization of Customs Procedures (Revised Kyoto Convention – RKC). This act is the culmination of an extensive process which has allowed Indonesia to carry out a comparative analysis of its legislation with the provisions of…
On 25 March 2014, the Minister of Finance issued Regulation No. 59/PMK.04/2014 on Customs Registration (Regulation No. 59) which became effective on 1 June 2014. This regulation revokes Minister of Finance Regulation No. 63/PMK.04/2011 on Customs Registration as amended by Minister of Finance Regulation No. 95/PMK.04/2011 (Regulation No. 63). Similar to Regulation No. 63, Regulation No. 59 requires Service Users to conduct customs registration at the Directorate General of Customs and Excise (DGCE) to fulfill…
On 12 February 2014, Indonesia notified the WTO’s Committee on Safeguards that it initiated on 12 February 2014 a safeguard investigation on I and H Sections of Other Alloy Steel. A safeguard investigation seeks to determine whether increased imports of a product are causing, or is threatening to cause, serious injury to a domestic industry. During a safeguard investigation, importers, exporters and other interested parties may present evidence and views and respond to the presentations…
As a part of Economic Policy Package Volume II, the Ministry of Finance issued a new regulation to improve the balance of transactions, maintain rupiah exchange rate, and reduce the import of certain goods. Minister of Finance Regulation Number 175 of 2013 on the Third Amendment of Ministry of Finance Regulation Number 154 of 2010 on Collection of Income Tax Article 22 with Regard to Payments on Delivery of Goods and Import Activities or Other…
On 13 August 2013, the WTO circulated a document from the Government of Indonesia the Chairperson of the Dispute Settlement Body (DSB) requesting DSB authorization to suspend the application to the United States of tariff concessions and related obligations because the US failed to bring its ban on flavored cigarettes into compliance, by 24 July 2013, with the TBT Agreement or to otherwise comply with the recommendations and rulings of the DSB in “United States…