IRON AND STEEL IMPORTS

May 01, 2012

In response to changes made to the ASEAN Harmonized Tariff Nomenclature, the Government issued Minister of Trade Regulation No. 08/M-DAG/PER/2/2012 (“MOTR 8/2012”) on the Amendment to Minister of Trade Regulation No. 54/M-DAG/PER/12/2010 (“MOTR 54/2010”) on Iron and Steel Import Provisions. MOTR 8/2012 came into effect on 1 March 2012.

MOTR 8/2012 extends the validity of MOTR 54/2010 from 31 December 2012 to 31 December 2015. Also, MOTR 8/2012 now lists 212 tariff posts, while MOTR 54/2010 listed 166 tariff posts. 110 tariff posts listed were listed in MOTR 54/2010, 102 are new, whilst 56 have been deleted.