Regulation of the Minister of Finance No. 105/PMK.04/2007 regarding the exemption from import duty on the import of parent stocks and seeds for the establishment and development of farming, breeding, or fishery industry

2A THE EXEMPTION FROM IMPORT DUTY ON THE IMPORT OF PARENT STOCKS AND SEEDS FOR THE ESTABLISHMENT AND DEVELOPMENT OF FARMING, BREEDING, OR FISHERY INDUSTRY (Regulation of the Minister of Finance Number 105/PMK.04/2007 dated September 5, 2007) THE MINISTER OFFINANCE, Considering: That In order to execute provision of Article 26 paragraph (1) letter e of Law Number 10 Year 1995 regarding Customs, already amended by Law Number 17 Year 2006, it is necessary to stipulatea regulation of the Minister of Finance regarding the Entrance Customs Dispensation on the Breed Import and Seed from the Establishment and Development of farming, Breeding and Fishery Industry; In view of: 1. Law Number to Ypar 199'i (BN No. 5812 pages 19A·20A and so on) regarding Customs (Statute Book of Republic of Indonesia Year 1995 Number 75, Supplement to Statute Book Number 3612) as already amended by Law Number 17Year 2006(BN No. 7476pages23A-27Aandsoon)(Statute Book of Republic of Indonesia Year 2006 Number 93, Supplement to Statute BookNumber4661); 2. Presidential Decree Number 20/PYear 200S {aNNo. 7297pages 29A-3DAJ, DECIDES: To stipulate: THE REGULATION OFTHE MINISTER OF FINANCE RE GARDING THE EXEMPTION FROM IMPORT DUTY ON THE IMPORTOFPARENT STOCKS AND SEEDS FOR THE ESTABUSHMENT AND DEVELOPMENT OF FARMING, BREEDING, OR FISHERY INDUSTRY. Article 1 Referred to In this regulation of the Ministerof Finance as: (1)Parent Stocks and Seeds are all kinds of Imported plantation and animals to be bred furthermore to establish anddevelop industryIn the farming, breed Business News 7597-7598{12-12-2007 lnq, or fishery fields, Including the plantation and forestry which is stipulated by the related technical institution. (2)Mlnister is a Minister of Finance of the Republic of Indonesia. (3) DirectorGeneral is the DirectorGeneral of Customs and EXcise. (4)Anybody is individualor statutory body Article 2 (1)The import of parent stocks and seed shall be ex empt from import duty. (2)The exemption 8S referred to in peraqreph (1) shall be given to anybody undertaking the breeding for the development in farming, plantation, forestry, breeding, or fishery fields. Article 3 The import of parent stocks and seeds for the need of research shallbeonly exempt from import duty if the research Is executed by research Institutions or other Institutions already obtaining recommendation from the related technical Institution. Article 4 (l)To obtain the exemption from Import duty on the import of parent stocksandseeds, the, the importer as referred to in Articles2 and 3 shall submit appli cation to the Minister through the DirectorGeneral. (2)Based on the application as referredto In paragraph (1), the Director General on behalf of the Minister approves or tums down the application for exemp tion from Import duty. (3) In ..... (3)In case of the application for the exemption from import duty as referred to in paragraph (1) being approved, the Director General on behalf of the Min ister shall issue a decision on the exemption from import duty by specifying the amount, type, and the estimated value of excise on parent stocks and seeds exempt from the import duty as well as the appointed prt for customs clearance. (4)In case of the application for exemption from the import duty as referred to in paragraph (1) being denled, / the Director General on behalf of the Minis ter shall issuea letter of notification about the denial of the application to the importer by mentioning rea son for rejecting. Article 5 (l)The application submitted by the importer as referred to in Articlp ? shall pnrlos,,: a. deed of the establishment of company and busi ness license from the related Institution; b. Taxpayer Code Number (NPWP) and validation as taxable entrepreneur e: c. Import declarationof parent stocksand seedsand/ or recommendation from the related institution; d. Certificate of the health of plants or animals from the country of origin; e. Details of quantity, kinds and estimated customs value of parent stocks and seeds which will be imported as well as port for customs clearance. (2)The application submitted by research institutions or other institutions already obtaining the recommen dation as referred to in Article 3 shall enclose: a. Import declaration of parent stocks and seeds and/or recommendation from the related insti tution; b. Certificate of the health of plants or animals from the country of origin; c. Details of quantity, kinds and estimated customs value of parent stocks and seeds which will be imported as well as port for customs clearance. Business News 7597-1598/12-12-2007 3A Article 6 In connection with the exemption from import duty as referred to in Article 4 paragraph (3)/ if the goods imported by the importer or research institutions or other institutions already securing the recommenda tion from the related technlcal institution do not suit able to the quantity t, type, and/or specification of the goods mentioned in the decision on the exemption from import duty, tha difference shall be subject to collection of import duty. Article 7 In case the imported parent stocks and seeds as referred to in Articles 2 and 3 do not suitable to the purpose of the exemption from Import duty, the im porter or research institution or other institution already securing the recommendation from the related techni cal institution, shall be obliged to pay Import duty and be liable to administrative sanctions in accordance with the provisions in force. Article 8 Fallowing the enforcement of this regulation, Decree of the Minister of Finance Number 135/KMK.05/ 2007 shall be revoked and declared null and void. ArtICle 9 This regulation of Minister of Financeshall come into force for 30 (thirty) days as from the date of stipu lation. For pubuc cognizance, thiS Regulation of the Minister of Finance shall be announced by placing it the State Gazette of the Republic of Indonesia. Stipulated in Jakarta On September 5, 2007 THE MINISTER OF FINANCE, sqd, SRI MULYANI INORAWATl ===(M)===