In a bid to improve the efficiency of the administration process for the collection and deposit of Value Added Tax, as administered by the expenditure treasurer for the Palm-Oil Plantation Fund Management Agency, the Director-General of Tax has issued Regulation No. PER-22/PJ/2018 in order to amend Regulation of the Director-General No. PER-35/PJ/2015 on Procedures for the Collection and Payment of Value-Added Tax for Price Deficiencies Relating to Biodiesel Type Biofuels by the Palm-Oil Plantation Fund Management Agency.
In a bid to further improve policy implementation in relation to exports of coal and coal products, as well as to further the process of integration into the new Online Single Submission system, the Minister of Trade has issued Regulation No. 95 of 2018, which is the third amendment to Regulation of the Minister No. 39/M-DAG/PER/7/2014 on Export Provisions for Coal and Coal Products.
The Minister of Trade has issued Regulation No. 94 of 2018 on Provisions on the Use of Letters of Credit for Exports of Certain Commodities in a bid to stabilize export-price increases for certain natural resource products within the international market.
The Minister of Energy and Mineral Resources has issued Regulation No. 43 of 2018, which amends Regulation of the Minister No. 9 of 2017 on Procedures for Divestments and Mechanisms for the Determination of Divested Share Prices for Minerals and Coal-Mining Business Activity which aims to optimize the benefits which are accrued by the state as a result of the implementation of the divestment obligation which has to be met by foreign minerals and coal-mining companies.
The Minister of Energy and Mineral Resources has issued Regulation No. 39 of 2018 on Electronically Integrated Business Licensing Services for the Electricity Sector, which is aiming to integrate the electricity sector into the Online Single Submission (OSS) system, as mandated by Article 88 (1) of Regulation of the Government No. 24 of 2018 on the Electronically Integrated Business Licensing Service.
With the ultimate aim of preserving the environment and reducing greenhouse-gas emissions, the President of the Republic of Indonesia has officially ordered a moratorium on the establishment of new palm-oil plantations within forestry areas through the issuance of Directive No. 8 of 2018 on the Moratorium and Evaluation of the Licensing of Palm-Oil Plantations and Productivity Increases for Palm-Oil Plantations
With the ultimate goal in mind of optimizing the utilization of petroleum in order to meet domestic need, as well as improving national energy security, the Minister of Energy and Mineral Resources has issued Regulation No. 42 of 2018 on Priority Petroleum Utilization for the Fulfillment of Domestic Need.
With the objective of improving the overall implementation of the development of palm-oil plantations facilities and infrastructure, as well as the utilization of biodiesel fuel, the government has issued Regulation No.66 of 2018, which is the Second Amendment to Regulation of the President No.61 of 2015 on the Gathering and Utilization of Palm Oil Plantation Funds.
The Minister of Energy and Mineral Resources recently issued Regulation No. 41 of 2018 on the Procurement and Utilization of Biofuel in the Form of Biodiesel for the Purposes of Financing by the Palm-Oil Plantation Fund Management Agency.
In order to introduce an implementing framework for Regulation of the Government No. 7 of 2017 on the Indirect Utilization of Geothermal Energy, the Minister of Energy and Mineral Resources has issued Regulation No. 37 of 2018 on the Offering of Geothermal Working Areas, the Issuance of Geothermal Licenses and the Assignment on Geothermal Businesses.