Tariff exemption
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)