Regulation of the Minister of Finance No. 43/PMK.010/2022 on the Determination of Import-Duty Tariffs under the ASEAN Trade in Goods Agreement
Enforcement Date: 1 April 2022
- Determines import-duty tariffs for imported goods deriving from ASEAN member countries, specifically Brunei Darussalam, Cambodia, Laos, Malaysia, Myanmar, The Philippines, Singapore, Thailand and Vietnam, as agreed under the ASEAN Trade in Goods Agreement. These tariffs are comprehensively listed under the Appendix to the Regulation.
- Said imported goods should be notified using goods classifications based upon provisions set under Regulation of the Minister of Finance No. 26/PMK.010/2022 on the Determination of the Goods Classification System and the Imposition of Import-Duty Tariffs on Imported Goods.
- The import-duty tariffs must be imposed upon said imported goods in accordance with the tariffs set under this regulation through the procedure set out under the ASEAN Trade in Goods Agreement. In cases where generally applicable import-duty tariffs have been set at a lower rate than the tariffs that are set out under this regulation, then the prevailing tariffs will apply.
- It should be noted that this regulation applies to imported goods that satisfy the following conditions: 1) Must have secured numbers and registration dates on the relevant customs-and-excise declarations; 2) Imported goods that are directed to bonded-storage areas, free-trade areas, free ports or special economic zones must have also secured numbers and registration dates from the customs office through which the customs obligation is being fulfilled; and 3) Imported goods that have not been released to other places from bonded-storage areas, free-trade areas, free ports or special economic zones must also secure numbers and registration dates from customs offices, so long as the customs-and-excise declarations or imports notices declare entry to said areas.
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