DECREE OF MINISTER OF FINANCE NO. 127/KMK.01/2003, DATED APRIL 10, 2003
ON
CHANGE OF TARIFF OF IMPORT DUTY ON IMPORT OF WHEAT FLOUR (TARIFF POST 1101.00.000)
THE MINISTER OF FINANCE OF REPUBLIC OF INDONESIA
Considering:
a. that, in the framework of improving of the competitive power of local wheat flour industry, it is necessary to change tariff of import duty on import of wheat flour applied within a certain period of time;
b. that, based on the matter set forth in paragraph a, it is necessary to stipulate Decree of Minister of Finance on Change of Tariff of Import Duty on Import of Wheat Flour (tariff post 1101.00.000).
In view of:
1. Law No. 7/1994 on ratification Agreement Establishing The world Trade Organization (Statute Book of 1994 No. 57, Supplement to Statute Book No. 3564);
2. Law No. 10/1995 on Customs (Statute Book No. 75, Supplement to Statute Book No. 3612); 3. Presidential Decree No. 228/M/2001;
4. Decree of Minister of Finance No. 378/KMK.01/1996 on Schedule of Reduction of Tariff of Import Duty;
5. Decree of Minister of Finance No. 96/KMK.01/2003 on Stipulation of System of Classification of Goods and The Amount of Tariff of Import Duty on Imported Goods.
Observing:
Letter of Minister of Trade and Industry No. 500/MPP/IX/2002 dated 3 September 2002. D E C I D E S :
To stipulate:
DECREE OF MINISTER OF FINANCE ON CHANGE OF TARIFF OF IMPORT DUTY ON IMPORT OF WHEAT FLOUR (TARIFF POST 1101.00.000)
Article 1
To change tariff of import duty on import of wheat flour as set forth in tariff post 1101.00.000 of the Indonesian Import Duty Tariff Book to five percent(5%).
Article 2
The tariff of import duty as set forth in Article 1 shall be fully applicable for import of goods, which PIB document has acquired Number of Registration from the Service Office of the Directorate General for Customs and Excise of the seaport of arrival from the date of enforceability for this Decree.
Article 3
The Director General for Customs and Excise is in structed to implement the provision of this Decree. Article 4
This Decree comes into full force and effect from 1 May 2003 to 31 December 2004. Article 5
After the applicability period as set forth in Article 4 has elapsed, tariff of import duty, which is applicable, is zero percent (0%).
For public cognisance, this Decree shall be announced by placing it in the State Gazette of the Republik of Indonesia.
Stipulated in Jakarta on April 10, 2003