Regulation Of The Minister Of Finance Number 118/fmd. 011/2012 Year 2012

Original Language Title: Peraturan Menteri Keuangan Nomor 118/PMK.011/2012 Tahun 2012

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Read the untranslated law here: http://peraturan.go.id/inc/view/11e44c513b8b92c08a4a313233343130.html

BN 697-2012. doc REPUBLIC INDONESIA No. 697, 2012 RULES the MINISTER of FINANCE of the REPUBLIC of INDONESIA NUMBER 118/FMD. 011/2012 ABOUT the DETERMINATION of the CUSTOMS TARIFF ENTERED in ORDER of ASEAN-KOREA FREE TRADE AREA (AKFTA) and the GRACE of GOD ALMIGHTY the MINISTER of FINANCE of the REPUBLIC of INDONESIA, Considering: a. that in order to improve the overall economic cooperation between the Member States of ASEAN and the Republic of Korea, the Government of the Republic of Indonesia has ratified the Framework Agreement on Comprehensive Economic Cooperation Between member countries of the Association of Southeast Asian Nations and the Republic of Korea (Framework Agreement on The Comprehensive Economic Cooperation Among The Government of The Member Countries of The Association of South East Asian Nations and The Republic of Korea) Presidential Regulation number 11 in 2007; b. that to follow up the cooperation framework agreement as referred to in letter a, the Government of the Republic of Indonesia has ratified the Agreement in trade in goods agreement of Comprehensive Economic cooperation framework Between the Government of the Member countries of the Association of www.djpp.depkumham.go.id Asian Nations 2012, no. 697 2 Republic of Korea and Southeast (the Agreement on Trade in Goods Under the Framework Agreement on Comprehensive Economic Cooperation Among The Government of The Member Countries of The Association of South East Asian Nations and The Republic of Korea) Presidential Regulation No. 12 In 2007; c. that based on the modalities contained in the approval referred to in subparagraph b, had been scheduled to decline the incoming customs tariff scheme in the framework of the ASEAN-Korea Free Trade Area (AKFTA); d. that based on considerations as referred to in letter a, letter b, letter c and above, and in order to implement the provisions of article 13 paragraph (3) of Act No. 10 of 1995 on customs as amended by Act No. 17 of 2006, need to establish the regulation of the Minister of finance concerning the determination of the customs tariff Entered in order of the ASEAN-Korea Free Trade Area (AKFTA); Remember: 1. Act No. 10 of 1995 on Customs (State Gazette of the Republic of Indonesia Number 75 in 1995, an additional Sheet of the Republic of Indonesia Number 3612) as amended by Act No. 17 of 2006 (State Gazette of the Republic of Indonesia Number 93 in 2006, an additional Sheet of the Republic of Indonesia Number 4661); 2. Presidential Regulation number 11 in 2007 about The endorsement of the Framework Agreement on Comprehensive Economic Cooperation Among The Government of The Member Countries of The Association of South East Asian Nations andThe Republic of Korea (the Framework Agreement On Comprehensive Economic Cooperation Between the Government of the Member countries of the Association of Southeast Asian Nations and the Republic of Korea) (State Gazette of the Republic of Indonesia Number 51 in 2007); www.djpp.depkumham.go.id 2012, no. 698 3 3. Presidential Regulation No. 12 of 2007 about the endorsement of the Agreement on Trade In Goods Under The Framework Agreement on The Comprehensive Economic Cooperation Among The Government of The Member Countries of The Association of South East Asian Nations and The Republic of Korea (in the trade in goods agreement of a Framework Agreement On Comprehensive Economic Cooperation Between the Government of the Member countries of the Association of Southeast Asian Nations and the Republic of Korea) (State Gazette of the Republic of Indonesia Year 2007 Number 52); 4. Presidential Decree Number 56/P in 2010; 5. Regulation of the Minister of finance Number 213/FMD. 011/2011 about the determination of the classification system of the goods and the incoming customs tariff Imposition Over imported goods; Pay attention: the letter of the Secretary of Commerce of the Republic of Indonesia Number 1916/M-DAG/SD/12/2011 December 30, 2011; Decide: Define: REGULATION Of The MINISTER Of FINANCE CONCERNING The DETERMINATION Of The CUSTOMS TARIFF ENTERED In ORDER Of ASEAN-KOREA FREE TRADE AREA (AKFTA). Article 1 (1) set the incoming customs tariff upon the import of goods from the Republic of Korea and the ASEAN countries in the framework of the ASEAN-Korea Free Trade Area (AKFTA), as listed in the annex which is an integral part of part of the regulation of the Minister. (2) against the determination of the price of the import duties referred to in subsection (1), applies the following conditions: a. the determination of the customs tariff entered as stated in column (5) and (6) attachments, is the magnitude of the incoming customs tariff in the framework of ASEAN-Korea Free Trade Area (AKFTA) upon the import of goods from all Member States. b. the determination of the customs tariff entered as stated in column (5) attachment, comes into force on the date of the enactment of this Ministerial Regulation until 31 December 2015. c. determination of the incoming customs tariff as stated in column (6) attachments, took effect on January 1, 2016. www.djpp.depkumham.go.id 2012, no. 697 4 d. Determination of quantity of the incoming customs tariff as listed in column (7) attachment, is the magnitude of the incoming customs tariff in the framework of ASEAN-Korea Free Trade Area (AKFTA) upon the import of goods from the Republic of Korea as the application of the principle of reciprocity. e. in the event of a determination of the incoming customs tariff for tariff posts in columns (5) and (6) the column referred to in letter a are also specified in column (7), on the import of goods from the Republic of Korea applies a tariff quantity import duties as listed in column (7) as stated on the letter d. Article 2 the imposition of import duties based on the determination of the price of the import duties referred to in article 1, is implemented with the following conditions: a. the customs tariff entered in order of the ASEAN-Korea Free Trade Area (AKFTA) which is lower than the price of the import duties applicable in General, only enforced against imported goods that come with a Certificate of origin (Form AK) that has been signed by the authorized officials in the countries concerned; b. the importer is obligated to include your reference number Certificate of origin (Form AK) as stated on the letter a and code facilities within the framework of the ASEAN-Korea Free Trade Area (AKFTA), in a notice of import goods; c. the original Sheet of the certificate of origin (Form AK) in the framework of the ASEAN-Korea Free Trade Area (AKFTA) as stated on the letter a, obliged by the importer at the time of the filing of the notice of import goods as stated on the letter b in the Customs Office at the port of income; and d. in the case of the incoming customs tariff applicable in General is lower than the price of the import duties in the framework of ASEAN-Korea Free Trade Area (AKFTA) as listed in the Appendix, the applicable rate is the price of the import duties applicable in General. Article 3 the provisions of this regulation of the Minister applies to imported goods whose import notification document goods have gained registration number from the Customs Office of the port of infusion. Article 4 the Director General of customs and Excise was instructed to carry out the provisions of this regulation of the Minister. www.djpp.depkumham.go.id 2012, no. 697 5 article 5 at the time of this Ministerial Regulation entered into force, the regulation of the Minister of finance Number 236/FMD. 011/2008 regarding the determination of the customs tariff Entered in order of the ASEAN-Korea Free Trade Area (AKFTA) as amended by regulation of the Minister of finance Number 200/FMD. 011/2009, revoked and declared inapplicable. Article 6 of the regulation the Finance Ministers began in force on the date of promulgation. In order to make everyone aware of it, ordered the enactment of these Regulations the Minister of finance with its placement in the news of the Republic of Indonesia. Established in Jakarta on July 10, 2012, MINISTER of FINANCE of REPUBLIC of INDONESIA, AGUS MARTOWARDOJO D.W. Enacted in Jakarta on July 10, 2012, MINISTER of LAW and HUMAN RIGHTS REPUBLIC of INDONESIA, AMIR SYAMSUDDIN www.djpp.depkumham.go.id