Tariff exemption

JAKARTA (JP): The Ministry of Finance announced over the weekend that imports of certain raw materials and appliances for automobile bodies and heavy equipment are exempted from duties.

The ministry, under a ministerial decree effective since Sept. 19, has also stipulated that the government has also extended by one year the tariff exemption on imports of raw materials, spare parts, components, and reparation and maintenance equipment for aircraft.

According to the ministry, the duty exemption policy has helped increase the cost efficiency and competitiveness of the national aircraft maintenance industry.

To obtain duty exemptions, importers are required to submit a proposal to the Director General of Customs and Excise, with copies sent to the Ministry of Transportation's Director General of Air Transportation. (pwn)