The Stipulation of Exported Goods
Regulation of the Minister of Finance No. 39/PMK.010/2022 on the Stipulation of Exported Goods That Are Subject to Export Duty and Export-Duty Tariffs
Enforcement Date: 1 April 2022
- Export duty is to be imposed upon the following types of exported goods: 1) Leather and wood; 2) Cocoa beans; 3) Palm oil, crude palm oil (“CPO”) and their derivative products; 4) Products from the processing of metal minerals; and 5) Metal-mineral products that meet certain criteria.
- Duty tariffs for the above-listed goods break down as follows: 1) Leather: 15% – 25%; 2) Wood: 2% – 15%; 3) Cocoa beans: 0% – 15%, as determined based on reference prices; 4) Palm oil, CPO and their derivative products: fixed amounts (in US$/metric ton), as determined based on reference prices; 5) Products from the processing of metal minerals: 0% – 5%, depending on the physical progress of refinery facility construction (i.e. from the first to the third stage); and 5) Metal-mineral products that meet certain criteria: 10%.
- Export duty will also be imposed upon certain types of mixed products that derive from CPO and their derivative products. The export-duty tariffs for said mixed products break down as follows: 1) If a product results from a mixture of palm oil, CPO and the derivative products listed under Appendix C to this regulation: the highest tariff applicable to materials that are used within the relevant mixture, regardless of the mixture’s composition; 2) If the product results from a mixture of goods listed under Appendix C and other goods which are not listed thereunder: a) The tariff that applies to the mixing component (if there is only one mixing component subject to the imposition of export duty); or b) The highest tariff that applies to one of the mixing components (if there are two or more mixing components subject to the imposition of export duty).
- Payable export duty is calculated based on the following formula: 1) If the tariff is determined as a percentage: tariff x number of units of exported goods x export price per unit x currency-conversion rate; 2) If the tariff is fixed: tariff in a certain currency x number of units of exported goods x currency-conversion rate.
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