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Finance Minister Sri Mulyani issues policies restricting imports

Tempo - October 13, 2023

Moh. Khory Alfarizi, Jakarta – Indonesian Finance Minister Sri Mulyani and Trade Minister Zulkifli Hasan alias Zulhas issued ministerial regulations addressing cooperation with the organizers of trade through electronic systems (PPMSE) following President Joko Widodo or Jokowi's directive to tighten the entry of imported goods in a bid to protect micro, small, and medium enterprises (MSMEs).

Sri released Finance Ministerial Regulation No. 96 of 2023 concerning Customs, Excise, and Tax Provisions for the Import and Export of Consigned Goods, while Zulhas passed Trade Ministerial Regulation No. 31 of 2023 on Business Licensing, Advertising, Guidance and Supervision of Business Actors in Electronic Systems Trading.

"Finance Ministerial Regulation 96/2023 will take effect on October 17, 2023, in an effort to improve the customs process for shipped goods," Customs Director Fadjar Donny Tjahjadi said at the Ministry of Finance office in Central Jakarta, Thursday, October 12.

Donny said the regulation, which is an amendment to the Finance Minister's Regulation No. 199 of 2019, is part of the transformation of the ministry's services in providing legal certainty and clear rules on customs, excise, and tax provisions for the import and export of shipped goods amid the increasingly rapid business development of the imported goods business.

Meanwhile, Director of Trade Through Electronic Systems, Rifan Ardianto, said that the Trade Minister's Regulation No. 31 of 2023 came into effect on September 26, 2023.

"This regulation also aims to create a fair, healthy, and beneficial e-commerce ecosystem by paying attention to dynamic technological developments while enhancing consumer protection," said Rifan.

Source: https://en.tempo.co/read/1783394/finance-minister-sri-mulyani-issues-policies-restricting-import