Socializing Trade Regulation No. 8/2024 with Business Stakeholders and Importers

The Ministry of Trade (MoT) conducted an online socialization regarding Minister of Trade Regulation (Permendag) No. 8 of 2024 to business stakeholders. Permendag 8 of 2024 contains the Third Amendment to Minister of Trade Regulation No. 36 of 2023 concerning Import Policies and Regulations. The socialization, held online on Tuesday (21/5/2024), was attended by business stakeholders, including importers and manufacturer-importers.

Three speakers were present at the socialization: Director of Imports at the MoT, Arif Sulistiyo, Technical Director of Customs Affairs at the Ministry of Finance, R. Fadjar Donny Tjahjadi, and Director of Business Process Efficiency at the National Single Window Institution (LNSW) of the Ministry of Finance, YFR Hermiyana. During the socialization, seven provisions in Permendag No. 8 of 2024 were discussed.

The first provision involves relaxing the requirements for Import Approval (PI) for Importers with Manufacturer Identification Number (API-P) for 18 specific commodities, which no longer require technical considerations. The second provision entails relaxation of imports for eleven commodity groups encompassing various items such as electronics, traditional medicines, cosmetics, clothing, and others. The third provision relates to relaxation of release of certain imported goods arriving at ports between March 10, 2024, and May 17, 2024, with at least 26 thousand containers affected by this condition. Meanwhile, the fourth provision discusses exceptions to import prohibitions and restrictions (lartas) for iron, steel, and its derivative products with a maximum limit of USD 1,500 per shipment for Importers with API-P. The fifth and sixth provisions introduce simplification of requirements and additional exceptions to import prohibitions for sample goods and personal shipments not for business purposes, including exemptions for hazardous and prohibited goods. Finally, the seventh provision regulates the import provisions for personal belongings such as mobile phones, handheld computers, and tablets into the Free Trade Zone and Free Port (KPBPB), with a maximum limit of two units per arrival per year.

“We hope that the government’s swift action in issuing Permendag No. 8 of 2024 can overcome various obstacles in the import process and support smooth trade in Indonesia,” said Director of Imports at the Ministry of Trade, Arif Sulistiyo.

Arif also added that with this new policy, the government is committed to continuously listening to and responding to input from business stakeholders to create a more conducive business environment and support national economic growth.

Source :

https://www.tvonenews.com/ekonomi/212269-digelar-daring-kemendag-sosialisasikan-permendag-nomor-8-tahun-2024-kepada-pelaku-usaha-dan-importir-simak-isi-lengkapnya

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