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Ministry of Finance Regulation No. 12/KM.4/2024 on Export Price Determination for Customs Calculation

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Ministry of Finance Regulation No. 12/KM.4/2024 on Export Price Determination for Customs Calculation

  • Minister of Finance of the Republic of Indonesia issued Decision No. 12/KM.4/2024 regarding the determination of export prices for calculating export duties
  • The decision is made to implement the provisions of Government Regulation No. 55 of 2008 on the imposition of export duties on exported goods
  • Refers to laws and regulations related to customs and export duties
  • Sets export prices for wood, leather, cocoa beans, and processed metal mineral products for calculating export duties
  • Specifies the tariff rates for palm oil, cocoa beans, and their derivatives for calculating export duties

Source: jdih.kemenkeu.go.id

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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