BigBussiness – To support the domestic industry, especially ceramic tiles, the government, through the Ministry of Finance, has made amendments to the Minister of Finance’s regulation number 119 / PMK.010 / 2018 on the imposition of security measures Import Duty (BMTP) on imports of ceramic tiles.
This change is listed in the Minister of Finance Ordinance number 111 / PMK.010 / 2020 on amendments to the Minister of Finance’s regulation number 119 / PMK.010 / 2018 on the imposition of import duties for protective measures (BMTP) on imports of ceramic tiles.
The head of the Fiscal Policy Agency, Febrio Kacaribu, said that the content of PMK number 111 / PMK.010 / 2020 in general is to exclude India and Vietnam from the list of countries that are exempt from the BMTP order on ceramic tiles according to PMK 119 / PMK .010 / 2018
At the time of the entry into force of this amended PMC, India and Vietnam were subject to BMTP on imports of ceramic tiles.
The amount and time period for imposing BMTP on the import of ceramic tiles has not changed from the previous PMK, where BMTP in the first year is imposed by 23 percent, the second year is 21 percent and in the third year is 19 percent with the order period until October 2021 .
Order of BMTP on ceramic tiles from India and Vietnam is based on data on the increase in imports of ceramic tiles from the two countries, after being excluded from order of BMTP in accordance with PMK 119 / PMK.010 / 2018.
“Based on the Ministry of Commerce’s evaluation in December 2019, imports of ceramic tiles from India and Vietnam in the period 2018-2019 jumped by 22.72 percent and 6.58 percent, respectively,” Febrio said.
Based on the import data mentioned above and referring to Article 9.1 WTO Guarantee Agreement, India and Vietnam can be excluded from the list of countries except from the introduction of BMTP.
This is because the share of imports from these countries has exceeded three percent.
In PMK 119 / PMK.010 / 2018, the government has imposed BMTP on ceramic tiles which are quite effective in suppressing imported products, especially ceramic tiles from China, which reduced significantly.