Total Tax and levy this month = USD 35/ MT ( $7 + $ 28 )
Each country will have its own rules and regulations when it comes to exporting good out of their country, Indonesia is no exception. Below we will cover what and how the tax and levies are calculated for buying Indonesia Palm kernel shell. Basically there are 2 that we should know:
Badan pengelolaan dana perkebunan kelapa sawit (BPDPKS)
A new tariff has put on effective per 1 June 2020 under Regulation of the finance minister of the Republic of Indonesia number 57/PMK.05/2020 where the Levy is $7/ MT for Palm Kernel Shell.
Customs tax by regulation of the Minister of Trade
The tax bracket for export duties on palm kernel shell has been determined in the regulation of the Indonesian republic finance minister No. 13 / PMK.010 / 2017 concerning the determination of export goods subject to export duties.
As you can see on the table above, there are several columns that have different tax rate. This export duty tax will be determined monthly through the stipulation of the trade minister on “Determination of export benchmark prices for agricultural and forestry products subject to export duties”. One of the example is:
We hope our brief explanation above can give you a good idea on how tax and levies are determined for exporting palm kernel shell in Indonesia. Should you need more info, please don’t hesitate to contact us at info@palmkernelshell.id
Indonesia’s PKS Export tax
Mar 2021$7$20$27April 2021$7$22$29May 2021$7$24$31June 2021$7$28$35
| Month | Levy | Tax | Total |
|---|---|---|---|
| Jan 2021 | $7 | $18 | $25 |
| Feb 2021 | $7 | $20 | $27 |
