The following parties will be required to comply with the provisions set out under the Regulation: 1) Business actors operating within the food and drugs sector; and/or 2) Electronic Systems Operators (Penyelenggara Sistem Elektronik/PSE)/Organizers of Trading Through Electronic Systems (Penyelenggara Perdagangan Melalui Sistem Elektronik/PPMSE). PSE/PPMSE were not previously subject to any supervision.
The requirements for participation in the restructuring program have now been updated to include the following criteria: 1) Must have set up a legal business entity; 2) Must have secured a business license with an Indonesian Standard Industrial Classification (Klasifikasi Baku Lapangan Usaha Indonesia "KBLI") that corresponds to a prioritized Textile and Textile Product (Tekstil dan Produk Tekstil "TPT") industry and that is valid for at least four years after the issuance of said business license; and 3) Must have purchased machinery and/or equipment suitable for industrial activities that has been installed at the production site with a total purchase that amounts to at least Rp. 500 million and must ensure that the purchase and installation period is in line with a timeline set by the Director-General responsible for guidance in relation to TPT business activities ("Director-General").
Importers must now secure technical importation considerations for tires in order to secure import approvals from the Ministry of Trade. Importers are required to submit various data and documents when applying for the technical importation considerations
During construction project tenders, participants have the option of joining as sole proprietorships or may engage in joint operations (Kerja Sama Operasi KSO). However, a number of specific provisions must be fulfilled in order for KSO to join as participants, including requirements that relate to form, qualifications and KSO agreements
In order to secure import approvals, technical considerations must first be secured from the Minister of Industry through the submission of prior applications by holders of API-U and API-P.
The Regulation stipulates various types of payable Luxury Goods Sales Tax/PPnBM that will now be borne by the government, specifically for imports of Completely Built-up Electric Cars and deliveries of Completely Knocked-down Electric Cars resulting from Completely Knocked-down Electric Car production by business actors who have been designated as Taxable Entrepreneurs (Pengusaha Kena Pajak/PKP).
The list of business actors that wish to import iron or steel, alloy steel and their derivative products (collectively referred to as "Commodities") and that are eligible to secure technical importation considerations for Commodities now includes: 1) Industrial companies; 2) Industrial services companies; 3) Non-industrial companies that have secured Manufacturer Importer Identification Numbers (Angka Pengenal Importir Produsen/API-P); 4) Industrial companies that have secured General Importer Identification Numbers (Angka Pengenal Importir Umum/API-U); and 5) Centers for Raw and/or Supporting Materials Providers (Pusat Penyedia Bahan Baku dan/atau Bahan Penolong/PPBB).
This new regulation merges provisions that address the organization of incubation, as originally addressed under Regulation of the Minister of Cooperatives and Small and Medium Enterprises No. 24 of 2015 and Chapter VI of Regulation of the Minister No. 3 of 2021, and makes a number of adjustments to requirements and procedures for the selection of tenants.
Business actors that engage in battery-powered electric-vehicle ("BEV") manufacturing industries are eligible to secure incentives for the importation of BEVs ("Incentives") that are either in a completely built-up (CBU) or completely knocked-down (CKD) state. Broadly speaking, said Incentives take the form of 0% import-duty tariffs, as well as luxury-goods sales tax (Pajak Penjualan atas Barang Mewah/PPnBM) that will be borne by the government.
The Amendment has expanded the list of vehicles that may be classified as battery-powered electric vehicles, which now includes the following types of vehicles: 1) Road tractors for semi-trailers; 2) Motorized vehicles for personal transportation; and 3) Motorized vehicles for special purposes other than those intended for the transportation of people or goods.