Below is a list with tagged columns and company profiles.

Today's Headlines Customs Indonesia

  • Despite Tax Shortfall, Indonesia's 2017 Customs & Excise Target Met

    Despite Tax Shortfall, Indonesia's 2017 Customs & Excise Target Met

    Although tax revenue realization will not achieve the target that was set by the Indonesian government in the (revised) 2017 state budget, the government's customs and excise revenue target has been achieved this year. Data from the Directorate General of Customs and Excise show that IDR 189.36 trillion (approx. USD $14 billion) was collected in customs and excise revenue up to 28 December 2017, equivalent to 100.11 percent of the full-year target.

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  • How Much Worth of Products Can I Bring into Indonesia Duty-Free?

    How Much Worth of Products Can I Bring into Indonesia Duty-Free?

    Those Indonesians (as well as expats living in Indonesia) who enjoy visiting places like Singapore for some quick shopping will be happy to learn that the Indonesian government decided to raise the maximum value of private goods - purchased overseas - that can be carried into Indonesia free of import duties and tax.

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  • Infrastructure Indonesia: Jakarta's New Priok Port (Kalibaru) Opened Soon

    Infrastructure Indonesia: Jakarta's New Priok Port (Kalibaru) Opened Soon

    State-owned Pelindo II, the company that is involved in port services across ten Indonesian provinces, plans to conduct another test related to the New Priok Port on 2 July 2016. Full commercial operations are scheduled to start on 15 July 2016. The New Priok Port is one of the large government infrastructure projects involving the construction of a new port (an extension of the Tanjung Priok) in North Jakarta in order to tackle Indonesia's severe logistics trouble, while bringing Indonesia's port facilities on par with other world-class ports such as Singapore.

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  • Difficult to Meet Indonesia’s 2015 Excise and Customs Duties Revenue Target

    Difficult to Meet Indonesia’s 2015 Excise and Customs Duties Revenue Target

    From 1 January 2015 to the first week of September, Indonesia only managed to collect IDR 103.7 trillion (approx. USD $7.2 billion) in excise and customs duties revenue, or 53 percent of the full-year target (IDR 195 trillion) set in the Revised 2015 State Budget. As such, it is highly unlikely that this year’s government target will be met. Heru Pambudi, Director General of the Finance Ministry's Directorate General of Customs and Excise, said it is more likely that 95 percent of the target will be achieved, adding that the bulk of revenue comes from tobacco excise, followed by alcoholic beverages.

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Latest Columns Customs Indonesia

  • Mandatory Registration for Customs Service Users Re-Regulated

    Mandatory Registration for Customs Service Users Re-Regulated

    Recently, the Ministry of Finance issued Regulation number 179/PMK.04/2016 of 2016 on Customs Registration (New Regulation). The New Regulation revokes regulations number 59/PMK.04/2014 on Customs Registration and number No. 65/PMK.04/2007 on Customs Service Management Companies (Old Regulations). In this column we discuss the main changes of the New Regulation, including exemptions for customs registration, registration procedures and blocking and revocation to customs access.

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  • Export Duty Provisions Simplified by Indonesian Government

    Export Duty Provisions Simplified by Indonesian Government

    Recently the Ministry of Finance issued Regulation number 86/PMK.04/2016, the second amendment on collection of export duty (Amendment). The Amendment aims to simplify export clearance procedures. The Amendment revises the types of goods that are not subjected to any export duty, procedures for physical checks of goods, and procedures for formulating export duties. In this column we will further discuss these amendments.

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  • Bonded Zone in Indonesia: Suspension of Import Tax

    Bonded Zone in Indonesia: Suspension of Import Tax

    Bonded zone is a building, place, or area that meets certain requirements, which is used to stockpile goods with a specific purpose to get a suspension of import duties. The stockpiled imported goods and/or goods originating from elsewhere inside the customs area must be processed or combined, with the main purpose to export such goods again. The bonded zone is considered an Indonesian customs area and is completely under the supervision of the Directorate General of Customs and Excise.

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  • Customs Identification Number (NIK) Indonesia

    Customs Identification Number (NIK) Indonesia

    The Customs Identification Number (NIK) in Indonesia is a personal identity number given by the Directorate General of Customs and Excise to users of customs services, such as importers and exporters. This customs number gives customs users the possibility to access or connect with the customs system. The registration of a Customs Identification Number is required in order to perform customs activities. Without such number trading companies are (in most cases) not able to perform import or export activities.

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