Jakarta (ANTARA) - The NEXT Indonesia Center believes that PT\nDanantara Sumberdaya Indonesia (DSI) must focus on strengthening\nsupervision, particularly through the integration of export data and\ndocuments.<\/p>\n
Director of NEXT Indonesia Center, Herry Gunawan, stated in Jakarta\non Friday that this is essential for improving the supervisory system\nwithin Indonesia\u2019s export ecosystem, especially for flagship commodities\nsuch as palm oil.<\/p>\n
\u201cThe presence of DSI must be able to strengthen the existing\necosystem, namely the relationship between producers, sellers, and\nbuyers,\u201d said Herument.<\/p>\n
According to Herry, trade data integration systems have already been\nimplemented in several countries. Singapore, for instance, possesses\nTradeNet, while the United States utilises the Automated Commercial\nEnvironment (ACE).<\/p>\n
\u201cBoth systems integrate various pieces of trade information so that\ndata can be monitored in a more unified manner,\u201d he said.<\/p>\n
He assessed that strengthening governance and data integration is\nnecessary to ensure better export supervision without hindering trade\nactivities.<\/p>\n
\u201cThis type of governance strengthening is what is required, with the\nhope that state revenue from natural resource commodities will also\nincrease,\u201d said Herry.<\/p>\n
Meanwhile, he noted that the alleged potential loss of state revenue,\namounting to up to Rp600 trillion per year due to under-invoicing\npractices in crude palm oil (CPO) exports, requires deeper\ninvestigation.<\/p>\n
Data from the NEXT Indonesia Center estimates the value of\nunder-invoicing in Indonesian palm oil exports to be approximately\nUS$1.2 billion per year during the 2014-2023 period.<\/p>\n
He explained that discrepancies in trade records can occur due to\nseveral factors.<\/p>\n
\u201cIn addition to errors or inconsistencies in reporting from both the\norigin country and partner countries, exchange rate differences can also\naffect the recorded value,\u201d said Herry.<\/p>\n
Furthermore, discrepancies may arise from commercial agreements\nbetween transacting companies, such as the provision of discounts or\nspecific trade agreements.<\/p>\n
Herry stated that allegations of under-invoicing can only be\ncategorised as a violation if there is evidence showing manipulation or\nbreaches of applicable regulations.<\/p>\n
One aspect that needs to be examined is whether there is manipulation\nof the Harmonised System (HS) codes for goods.<\/p>\n
\u201cIf it relates to transfer pricing, it is necessary to see whether\nthe transaction violates the arm\u2019s length principle,\u201d he said.<\/p>\n
According to Herry, inspections cannot be conducted based solely on\noverall trade data differences. Every transaction must be examined\nindividually.<\/p>\n
\u201cThe point is that further proof is needed and it cannot be\ngeneralised. Therefore, every contract between business actors, the\nclassification of goods sent, and other factors must be reviewed\nindividually,\u201d he concluded.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/next-indonesia-dsi-needs-to-focus-on-supervision-and-export-data-integration-1790305145", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }