• Newsletter
  • Contact
  • Press Releases
Wednesday, May 14, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home Feature News

Ministries embarks to resolve import issues

"We quickly revised the Trade Regulation No.8 of 2024. Following its issuance, containers at the ports have cleared as imported goods can be shipped to their destinations," Deputy Minister of Trade said.

Haris Sunandar by Haris Sunandar
May 20, 2024
in Feature News, GovAct
0
Trade Regulation
Share on FacebookShare on Twitter

Heaptalk, Jakarta — Recently, the Ministry of Trade (Kemendag) issued Minister of Trade Regulation (Permendag) No.8 of 2024 concerning Import Policies and Regulations. This Permendag is the third amendment to Permendag 36 of 2023, aimed at addressing container congestion at ports.

“The President’s instructions during the recent limited meeting were that the container congestion at ports was due to the complexities in Permendag 36 of 2023. Hence, we quickly revised the regulation to Number 8 of 2024. Following its issuance, containers at the ports have cleared as imported goods can be shipped to their destinations,” explained Deputy Minister of Trade Jerry.

In this context, Deputy Minister Jerry also emphasized that importers must comply with the import restriction provision for goods entering Indonesian ports after May 17, 2024. These provisions are based on the licensing stipulated in Permendag 8/2024.

Meanwhile, the Coordinating Minister for Economic Affairs, Airlangga Hartarto, delivered that iron and steel products and their derivatives, textiles, and derivatives that arrived between March 10, 2024, and the effective date of the new regulation, are exempt from import regulations. Importers can complete their imports by merely fulfilling the LS obligation.

“Additionally, bag and electronic products also receive relaxed import requirements. Previously, these products required import approval (PI), technical consideration (Pertek), and LS. Companies can import them with only an LS,” said Airlangga.

In her press release, the Minister of Finance, Sri Mulyani, stated that the third amendment to Permendag 36/2023 reverts to the spirit of trade regulation 20/2021 and 25/2022.

“The core regulation is the electronic products, traditional medicines and health supplements, cosmetics and household supplies, toys, footwear, ready-to-wear clothing and accessories, bags, and valves do not require Pertek from the Ministry of Industry, with supervision still regulated at the border, except for certain HS codes.”

To resolve import licensing issues and container congestion at ports, Sri explained that around 17,304 containers at Tanjung Priok Port, 9,111 containers at Tanjung Perak, and containers at other major ports have received policy relaxation. Containers requiring import business licensing and LS (technical import traceability verification) are allowed to fulfill LS at the destination port, regardless of the import compliance before manifest BC 1.1.

“Besides, we observed the exceptions to Export-Import Prohibitions and Restrictions (Lartas) for shipments of iron, steel, and derivative products for business activities up to USD1,500 per shipment. These exceptions are granted for goods imported by companies with producer importer identification numbers (APIP) as raw materials and industrial auxiliaries without frequency limitations,” said Sri Mulyani.

According to Sri Mulyani, the import Lartas exceptions also apply to sample goods, not for sale and goods for research and development purposes. Removing requirements such as certificates or recommendations, or considerations from related ministries / agencies for import certificate applications facilitates API-P holders in importing goods within certain quantity limits.

“Additional exceptions to lartas for non-business activities apply to personal shipments through postal organizers. Non-business activities still refer to Article 34 of Permendag 7/2024, with implementation according to customs laws and regulations. Exceptions to Lartas do not include goods related to security, safety, health, and environmental protection (K3L), and motor vehicles. The exception of Lartas for mobile phones and tablet computers remains limited to a maximum of two units per shipment,” concluded Sri Mulyani.

Tags: permendag no.8/2024trade minister

Related Posts

Minister of PKP Maruarar Sirait. (Credit: PKP Ministry docs.)

Government to convert Cipinang prison land into public housing

May 14, 2025
Dody Hanggodo announced that House Commission V has approved an additional budget allocation for the Public Works Ministry in 2025. Credit: Ministry of Public Works

House Commission V approves additional budget for Public Works Ministry, raising 2025 allocation to $4.4bn

May 14, 2025
Eddy Soeparno said that the plan to shift fuel imports should be balanced by accelerating the transition to cleaner, more sustainable energy sources. Credit: MPR

MPR suggests a price survey before shifting fuel imports from Singapore to US

May 14, 2025
Ministry of Trade initiated local product Thursdays movement. Credit: Ministry of Trade

Trade Minister initiates the local product Thursdays movement

May 13, 2025
Prabowo instructed to halt fuel imports. Credit: BPMI Setpres

Prabowo orders his administration to halt fuel imports

May 13, 2025
Google launched AI Futures Fund. Credit: Google

Google introduces AI Futures Fund

May 13, 2025
  • Microsoft

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
DCCI Malaysi 2025 World AI Technology Expo UAE 2025the 10th world battery & energy industry expo 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Government to convert Cipinang prison land into public housing
  • The Palace Jeweler Launches Areumi Collections, Embracing Korean-Inspired Style for Modern Jewelry
  • House Commission V approves additional budget for Public Works Ministry, raising 2025 allocation to $4.4bn
  • MPR suggests a price survey before shifting fuel imports from Singapore to US
  • AWS partners with Humain to build AI Zone in Saudi Arabia

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com