AMENDMENT TO TRADE MINISTER REGULATION NO. 27/2012 RE. GOODS IMPORTS IS FINALLY ISSUED

The key change in the amendment is found in the broader scope of “special relationship”, used to exempt API-P holders from the restrictions on importing industrial products with the view to reselling them in Indonesia and API-U holders from the restrictions on importing products under more than one section of the HS Code. No additional time has been granted to current API holders for adjusting their licenses (31 December 2012) and for API-P holders to register as Importer Producers.

To read the full article, please download the pdf copy below.


Download File
Other Articles or News
  • RECENT REVISIONS TO INDONESIA'S NEGATIVE INVESTMENT LIST
  • INDONESIA'S NEW CURRENCY LAW
  • Chambers Global Practice Guides: Public Procurement and Government Contracts
  • INDONESIA INTRODUCES KNOW-YOUR-BENEFICIAL OWNER PRINCIPLE FOR CORPORATIONS
  • AGMS and LKPM Reports