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Minister of Trade Regulation No. 71 of 2021 on the Determination of Export Benchmark Prices for Mining Products Subject to Export Duties
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Minister of Trade Regulation No. 71 of 2021 establishes the framework for determining export benchmark prices for mining products in Indonesia that are subject to export duties. This regulation primarily affects exporters of mining products, including those in the oil and gas, mineral, and energy sectors. Under this regulation, exporters must adhere to the specified benchmark prices set by the Ministry of Trade, which are used to calculate the applicable export duties. The regulation aims to ensure fair pricing and compliance with national economic policies. It interacts with other regulations related to customs and export-import activities, ensuring that exporters are aware of their obligations regarding export duties and the pricing of their products. Exporters must also be mindful of the implications of this regulation on their overall export strategy, as it may influence their pricing competitiveness in international markets. Compliance with this regulation is crucial for maintaining good standing with the customs authorities (Direktorat Jenderal Bea dan Cukai) and avoiding potential penalties for non-compliance.
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Peraturan Menteri Perdagangan Nomor 71 Tahun 2021 tentang Penetapan Harga Patokan Ekspor atas Produk Pertambangan yang Dikenakan Bea Keluar
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