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DECREE OF THE MINISTER OF FINANCE NO. 409/KMK.01/2002 DATED SEPTEMBER 24, 2002

ON

THE SECOND AMENDMENT TO DECREE OF THE MINISTER OF FINANCE NO. 150/KMK.01/2001 ON STIPULATION OF TARIFFS OF

IMPORT DUTY ON GOODS IN THE FRAMEWORK OF THE COMMON EFFECTIVE PREFERENTIAL TARIFF (CEPT) SCHEME IN THE JANUARY 1, 2001 - DECEMBER 31, 2003 PERIOD

THE MINISTER OF FINANCE,

Considering :

a. that in the framework of providing certainty for business communities as well as fulfilling the commitment of the Indonesian government to ASEAN Free Trade Area (AFTA), Decree of the Minister of Finance No. 150/KMK.01/2001 on stipulation of tariffs of import duty on goods in the framework of the CEPT Scheme in the January 1, 2001 - December 31, 2003 as already amended by Decree of the Minister of Finance No. 680/KMK.01/2001 has been stipulated;

b. that in order to enhance the competitiveness of domestic chemical industries, it is necessary to balance the tariffs of import duty under CEPT Scheme to the amendment to the attachment to Decree of the Minister of Finance No. 150/KMK.01/2001 jo. N o. 680/KMK.01/2001;

c. that based on the considerations as meant in letter a and b, it is necessary to stipulate a decree of the Minister of Finance on the Second Amendment to decree of the Minister of Finance No. 150/KMK.01/2001 on stipulation of tariffs of import duty on goods in the framework of CEPT Scheme in the January 2001 - December 31, 2003 period.

In view of :

1. Law No. 10/1995 on custom affairs (Statute Book of 1995 No. 65, Supplement to Statute Book No. 3612); 2. Presidential decree No. 228/M/2001;

3. Decree of the Minister of Finance No. 440/KMK.01/1996 on stipulation of systems of classifications of goods and tariffs of import duty on imported goods as already amended several times and the latest by Decree of Minister of Finance No. 573/KMK.01/2001.

4. Decree of Minister of Finance No. 150/KMK.01/2001 on stipulation of tariffs of import duty on goods in the framework of the Common Effective Preferential Tariff (CEPT) Scheme in the January 2001 - December 31, 2003.

Observing :

Letters of the Minister of Industry and Trade No. 104/MPP/Kep/3/2002 dated March 19, 2002, and No. 446/MPP/Kep/VIII/2002 dated August 12, 2002.

DECIDES :

To stipulate :

THE DECREE OF THE MINISTER OF FINANCE ON THE SECOND AMENDMENT TO DECREE OF THE MINISTER OF FINANCE NO. 150/KMK.01/2001 CONCERNING STIPULATION OF TARIFFS OF IMPORT DUTY ON GOODS IN THE FRAMEWORK OF THE COMMON EFFECTIVE PREFERENTIAL TARIFFS (CEPT) SCHEME IN THE JANUARY 1, 2001 - DECEMBER 31, 2003 PERIOD.

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To amend the attachment to Decree of the Minister of Finance No. 150/KMK.01/2001 on stipulation of tariffs of import duty on goods in the framework of the Common Effective Preferential Tariff (CEPT) Scheme in the January 1, 2001 - December 31, 2003 as already amended by Decree of the Minister of Finance No. 680/KMK.01/2001 in serial numbers of 2210 and 2211 in page104, so as to read as follows :

NO. DESCRIPTION

HS CODE OF GOODS % CEPT IMPORT DUTY 2001 2002 2003

(1) (2) (3) (4) (5) (6)

3902 Polymers of propylene or of other olefins, in primary forms

2210 3902.10.200 -- Granules 10 10 5

2211 3902.10.900 -- Other 10 10 5

Article II

This decree shall come into force as from the date of stipulation to December 31, 2002.

For public cognizance, this decree shall be announced by placing it in State Gazette of the Republic of Indonesia.

Stipulated in Jakarta On September 24, 2002

THE MINISTER OF FINANCE, sgd.

Referensi

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