Decree of the Minister of Finance No. 66/KMK.017/2001 dated February 9, 2001 THE STIPULATION OF TARIFFS OF EXPORT TAX ON
OIL PALM, CRUDE PALM OIL AND THEIR DERIVATIVE PRODUCTS THE MINISTER OF FINANCE,
Considering :
a. That in the framework of boosting the growth of exports capable of increasing foreign exchange earnings, it is deemed necessary to restipulate the tariffs of export tax on oil palm, crude palm oil and their derivative products;
b. That based on the consideration mentioned in letter a, it is deemed necessary to stipulate a decree of the Minister of Finance on the stipulation of tariffs of export tax on palm oil, crude palm oil and their derivative products.
In view of :
1. Law No. 20/1997 on non-tax state revenue (Statute Book of 1997 No. 43, Supplement to Statute Book No. 3687);
2. Government Regulation No. 22/1987 on kinds and remittance of non-tax state revenue (Statute Book of 1997 No. 57, Supplement to Statute Book No. 3694); 3. Presidential Decree No. 234/M/2000
4. Decree of the Minister of Finance No. 487/KMK.05/1996 on customs procedures in the export field, as already amended by the Decree of the Minister of Finance No. 59/KMK/.015/1997;
5. Decree of the Minister of Finance No. 488/KMK.05/1996 on customs inspection of exported goods;
6. Decree of the Minister of Finance No. 335/KMK.017/1988 on procedures for payment and remittance of export tax on pal oil, crude palm oil, coconut oil and their derivative products.
D E C I D E S : To stipulate :
THE DECREE OF THE MINISTER OF FINANCE ON THE STIPULATION OF TARIFFS OF EXPORT TAX ON PALM OIL, CPO AND THEIR DERIVATIVE PRODUCTS
Article 1
The export of palm oil, crude palm oil (CPO) and their derivative products as meant in column 2 of the attachment to this decree shall be subjected to export tax at the tariffs stipulated in column 4.
Article 2
(1) The calculation of the export tax as meant in Article 1 shall be as follows:
Export tax = Tariffs of Export Tax X Export Check Price (HPE) X Number of Units of Goods X Exchange rate
(3) In the case of lateness in the issuance of HPE, the old HPE shall remain effective until the new HPE are issued.
(4) In the case of HPE being unavailable, the export tax shall be calculated on the basis of FOB prices mentioned in export declarations (PEB)
(5) The Exchange rate as meant in paragraph (1) shall be the exchange rate stipulated by Minister of Finance periodically.
Article 3
The procedures for payment and remittance of the export tax as meant in Article 1 shall be in accordance with the provision stipulated in the Decree of the Minister of Finance No. 335/KMK.017/1998.
Article 4
With the enforcement of this decree, the Decree of the Minister of Finance No. 387/KMK.017/2000 on the stipulation of tariffs of export tax on palm oil, crude palm oil and their derivative products shall be declared null and void.
Article 5
This decree of the Minister of Finance shall come into force as from March 1, 2001. For public cognizance, this decree of the Minister of Finance shall be published by placing it in State Gazette of the Republic of Indonesia.
Stipulated in Jakarta On February 9, 2001 THE MINISTER OF FINANCE
Sgd.
PRIJADI PRAPTOSUHARJO
Attachment
TARIFF OF EXPORT TAX ON PALM OIL, CRUDE PALM OIL AND THEIR DERIVATIVE PRODUCTS
No. Description Tariff
Heading
Tariffs of Export tax
1. Oil palm and palm nuts 1207.10.000 3%
2. Crude Palm Oil (CPO) 1511.10.000 3%
3. Refined Bleached Deodorized Palm Oil (RBD PO) 1511.90.000 1%
4. Crude Palm Olein (CRD Olein) 1511.90.000 1%
5. Refined Bleached Deodorized Palm Olein (RBD Palm Olein)
1511.90.000 1%
THE MINISTER OF FINANCE Sgd.
