Tue, 23 Mar 2010

Jakarta (ANTARA News) - The government is providing a duty-free facility for imported goods and materials for the production of electronic components this year.

To improve the competitive edge of the domestic electronic component industry the government had set a budget ceiling of Rp150 billion to provide the facility, Finance Minister Sri Mulyani Indrawati said in a press statement on Monday.

The facility is provided for in Finance Minister`s Regulation Nor 51/PMK.011/2010 effective February 24, 2010.

To obtain the facility, companies must file applications along with import plans to the director general of customs and excises with copies addressed to the director general of transportation and telematic instrument industries.(*)