THE STIPULATION OF TARIFS OF EXPORT TAX ON OIL PALM, PALM OIL, COCONUT OIL AND THEIR DERIVATIVE PRODUCTS
Decree of the Minister of Finance No. 189/KMK.017/1999 dated June 3, 1999
THE MINISTER OF FINANCE Considering :
That in the framework of boosting the growth of exports and increase the revenue of foreign exchange as well as realizing the national economic efficiency, it is deemed necessary to review and stipulate tariffs of export tax on oil palm, palm oil, coconut oil and their derivative products;
In view of :
1. Law No. 20/1997 on non-tax state receipts (Statute Book of 1997 No. 43, Supplement to Statute Book No. 3687);
2. Government Regulation No. 1/1982 on the realisation of exports/imports and the flow of foreign exchange as already amended by Government Regulation No. 24/1985 (Statute Book of 1985 No. 32, Supplement to Statute Book No. 3291);
3. Government Regulation No. 22/1997 on the kinds and remittance of non-tax state receipts (Statute Book of 1997 No. 57, Supplement to Statute Book No. 3694); 4. Presidential Decree No. 122/M/1998;
5. Decree of the Minister of Finance No. 487/KMK.05/1996 on the custom inspection of export goods;
6. Decree of the Minister of Finance No. 488/KMK.05/1996 on the custom procedures in the field of export as already amended by Decree of the Minister of Finance No. 501/KMK.01/1998;
7. Decree of the Minister of Finance No. 335/KMK.017/1998 on procedures for payment and remittance of export tax on oil palm, palm oil, coconut oil and their derivative products.
DECIDES : To stipulate :
Article 1
On the export of oil palm, palm oil, coconut oil and their derivative products as mention Column 2 of the Attachment to this decree shall be subjected to export tax with the tariffs as meant in Column 4.
Article 2
(1) The calculation of the export tax as meant in Article 1 shall be as follows :
Export tax = Tariff of Export Tax x Export Check Price x Unit of goods x Exchange rate (2) The Export Check Price (HPE) shall the check price stipulated periodically by the
Minister of Industry and Trade and come into force upon the issuance of this stipulation.
(3) In the case of the lateness in the issuance of HPE, the old HPE shall remain effective until the issuance of the new HPE.
(4) In the case of HPE being unvailable, the export tax shall be calculated on the basis of FOB price contained in Export Declaration (PEB).
(5) The exchange rate as meant in paragraph (1) shall be the exchange rate stipulated by the Minister of Finance periodically.
Article 3
Procedure for payment and remittance of the export tax as meant in Article 1 shall be made in accordance with the provisions stipulated in the Decree of the Minister of Finance No. 335/KMK.017/1998.
Article 4
With the enformcement of this decree, the Decree of the Minister of Finance No. 30/KMK.01/1999 dated January 29 shall be declared null and void.
Article 5
This decree shall come into force as from the date of stipulation.
For public cognizance, this decree shall be published by placing it in State Gazette of the Republic of Indonesia.
Stipulated in Jakarta On June 3, 1999
THE MINISTER OF FINANCE sgd
Attachment :
THE STIPULATION OF TARIFFS OF EXPORT TAX ON OIL PALM, PALM OIL, COCONUT OIL AND THEIR DERIVATIVE PRODUCTS.
No. Description Tariff headings Export tax
1. Oil palm and palm nuts 1207.10.000 30% 2. Crude palm oil (CPO) 1511.10.000 30% 3. Refine Bleached Deodorized Palm Oil (RBD
PO)
1511.90.000 22%
4. Crude Palm Olein (CRD Olein) 1511.90.000 26% 5. Refine Bleached Deodorized Palm Olein
(RBD Palm Olein)
1511.90.000 22% 6. RBD Palm Olein in a package of 5 kgs at the
maximum and having brands
1511.90.000 17%
7. Crude Palm Stearin 1511.90.000 15%
8. Refined Bleached Deodorized Plam Stearing (RBD Palm Stearing)
1511.90.000 7% 9. Crude Palm Kernel Oil (CPKO) 1513.21.000 20% 10. Refined Bleached Deodorized Palm Kernel
Oil (RBD-PKO)
1513.29.000 15% 11. Crude Coconuts Oil (CCO) 1513.11.000 0 12. Refined Bleached Deodorized Coconut Oil
(RBD CO)
1513.19.000 0
THE MINISTER OF FINANCE sgd
