Kamis, Oktober 26, 2023

Export Prices for Several Export Goods for October 2023 Revised

The Minister of Finance ("Minister") has redetermined a number of export prices for the formulation of export duty on various export goods through the issuance of Decree of the Minister No. 32/KM.4/2023 ("Decree"), as previously determined through Decree of the Minister No. 31/KM.4/2023 on the Determination of Export Prices for the Formulation of Export Duty.
Under the Decree, export prices for veneer from plantation forests have now been reduced to US$ 400/M³. Furthermore, export prices for the following products: 1) Merbau; 2) Yellow Meranti; and 3) White Meranti, as flattened on all four sides so that the surfaces are flat and smooth, and with cross-sectional areas of 4,000m² - 15,000m², have now been set at US$ 500/M³- US$ 1500/M³. However, other export prices for certain export objects remain in accordance with the provisions set under the previous Decree.
The Decree has been in force since 30 September 2023 and will remain valid throughout October 2023. (Sec. 2)

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*Syarat dan ketentuan berlaku

The Minister of Finance ("Minister") has redetermined a number of export prices for the formulation of export duty on various export goods through the issuance of Decree of the Minister No. 32/KM.4/2023 ("Decree"), as previously determined through Decree of the Minister No. 31/KM.4/2023 on the Determination of Export Prices for the Formulation of Export Duty.
Under the Decree, export prices for veneer from plantation forests have now been reduced to US$ 400/M³. Furthermore, export prices for the following products: 1) Merbau; 2) Yellow Meranti; and 3) White Meranti, as flattened on all four sides so that the surfaces are flat and smooth, and with cross-sectional areas of 4,000m² - 15,000m², have now been set at US$ 500/M³- US$ 1500/M³. However, other export prices for certain export objects remain in accordance with the provisions set under the previous Decree.
The Decree has been in force since 30 September 2023 and will remain valid throughout October 2023. (Sec. 2)

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