Govt. Stipulates Five Goods Subject to Export Duty and Export Duty Tariffs

  • The Minister of Finance ("Minister") has issued Regulation No. 38 of 2024 on the Stipulation of Exported Goods Subject to Export Duties and Export Duty Tariffs, which has been in force since 3 June 2024.
  • The exported goods subject to export duty break down as follows: 1) Cocoa beans; 2) Palm oil, crude palm oil (CPO), and its derivatives; 3) Metal mineral processing products; and 4) Metal mineral products that meet certain criteria.
  • The Regulation stipulates applicable export duty tariffs for the above-listed exported goods for each tariff post, as comprehensively listed under the Appendix to the Regulation. It should also be noted that calculations of export-duty tariffs are specifically determined by this regulation based on price references for exported goods.
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  • The Minister of Finance ("Minister") has issued Regulation No. 38 of 2024 on the Stipulation of Exported Goods Subject to Export Duties and Export Duty Tariffs, which has been in force since 3 June 2024.
  • The exported goods subject to export duty break down as follows: 1) Cocoa beans; 2) Palm oil, crude palm oil (CPO), and its derivatives; 3) Metal mineral processing products; and 4) Metal mineral products that meet certain criteria.
  • The Regulation stipulates applicable export duty tariffs for the above-listed exported goods for each tariff post, as comprehensively listed under the Appendix to the Regulation. It should also be noted that calculations of export-duty tariffs are specifically determined by this regulation based on price references for exported goods.
......

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