Socialization on MoF Regulation Draft on Excise Tariffs for Imported Goods (RCEP)

On 21 October, EuroCham participated in the socialization of the Draft Minister of Finance Regulation (RPMK) regarding the Procedure for Imposing Import Duty Tariffs on Imported Goods Based on the Regional Comprehensive Economic Partnership Agreement (RCEP). The socialization was opened by Mr. Gusmiadirrahman, Deputy Director of Regional Affairs of the Indonesian Directorate General of Customs and Excise, and led by Leni Rahmasari, Head of Regional Section III of the Directorate of International and Inter-Agency Customs, Ministry of Finance.

This draft regulation was prepared following the ratification of the ASEAN Regional Comprehensive Economic Partnership Agreement (RCEP) through Law No. 24 of 2022, promulgated on 27 September 2022. In its entirety, the RCEP is projected to be implemented by 1 January 2023.

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