Senin, Juli 8, 2024

Govt. Stipulates Export Prices for Export Duty Calculations for Certain Goods

The Minister of Finance has issued Decree No. 26/KM.4/2024 on the Stipulation of Export Prices for Calculations of Export Duty, which will be applicable throughout the 1 July - 31 July 2024 period.
As outlined comprehensively under Appendix A to the Decree, the applicable export prices for calculations of export duty for timber break down as follows: 1) Veneer (US$ 550/M³ - US$ 900/M³); 2) Timber in chip or particle form (US$ 80/ton); 3) Chipwood (US$ 95/ton); and 4) Processed woods (US$ 500/M³ - US$ 4500/M³). Meanwhile, the export prices for leather commodities break down as follows: 1) Raw animal hides and skins (US$ 2.98 - US$ 5.81, as measured by the kilogram or piece); 2) Preserved animal hides and skins (US$ 1.10 - US$ 1.80 per square foot); and 3) Wet blue (US$ 1.20 - US$ 1.90 per square foot).
In addition, Appendix B to the Decree also sets an applicable export price of US$ 9,022 for calculations of export duty on cacao beans.

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The Minister of Finance has issued Decree No. 26/KM.4/2024 on the Stipulation of Export Prices for Calculations of Export Duty, which will be applicable throughout the 1 July - 31 July 2024 period.
As outlined comprehensively under Appendix A to the Decree, the applicable export prices for calculations of export duty for timber break down as follows: 1) Veneer (US$ 550/M³ - US$ 900/M³); 2) Timber in chip or particle form (US$ 80/ton); 3) Chipwood (US$ 95/ton); and 4) Processed woods (US$ 500/M³ - US$ 4500/M³). Meanwhile, the export prices for leather commodities break down as follows: 1) Raw animal hides and skins (US$ 2.98 - US$ 5.81, as measured by the kilogram or piece); 2) Preserved animal hides and skins (US$ 1.10 - US$ 1.80 per square foot); and 3) Wet blue (US$ 1.20 - US$ 1.90 per square foot).
In addition, Appendix B to the Decree also sets an applicable export price of US$ 9,022 for calculations of export duty on cacao beans.

......

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