ID :
79677
Sun, 09/13/2009 - 00:32
Auther :
Shortlink :
https://www.oananews.org//node/79677
The shortlink copeid
GOVT NOT TO ABOLISH DUTY ON IMPORTED RAW SUGAR
Jakarta, Sept 12 (ANTARA) - The government will not abolish but lower its duty on the import of 180,000 tons of raw sugar this year, an official said.
"The import duty will only be lowered but will not be abolished," the assistant for agricultural and maritime affairs to the coordinating minister for the economy, Bayu Krisnamurthi said after a coordination meeting to discuss preparations for the post-fasting month festivities on Friday.
The government has decided to import another 180,000 tons of raw sugar to cover the idle capacity of sugar mills owned by state plantation company PT Perkebunan Nusantara.
The decision is made to ensure adequate sugar stocks when the country's sugar mills cease operations after November 2009 until early 2010.
The government currently imposes Rp789 duty on every kg of imported sugar and Rp550 duty on every kg of imported raw sugar.
The decision to import raw sugar by lowering its import duty is designed to stem a further rise in the prices of sugar until the milling season.
Sugar price which stood at Rp6,700 a kg early this year hit a record high of 10,000 a kg this month. But the price has begun to fall slightly in recent days.
Trade Minister Mari Elka Pangestu said on Wednesday the government had decided to give an allocation of additional raw sugar import of 180,000 tons to secure year-end sugar stocks.
"We are giving a raw sugar permit for 180,000 tons for sugar mills to boost their production for adequate year-end stocks in the event of unmilled sugar," she said on the sidelines of her visit to Tanjung Perak port in Surabaya, East Java.
She said the import would be carried out before the end of the milling season in November. ***
"The import duty will only be lowered but will not be abolished," the assistant for agricultural and maritime affairs to the coordinating minister for the economy, Bayu Krisnamurthi said after a coordination meeting to discuss preparations for the post-fasting month festivities on Friday.
The government has decided to import another 180,000 tons of raw sugar to cover the idle capacity of sugar mills owned by state plantation company PT Perkebunan Nusantara.
The decision is made to ensure adequate sugar stocks when the country's sugar mills cease operations after November 2009 until early 2010.
The government currently imposes Rp789 duty on every kg of imported sugar and Rp550 duty on every kg of imported raw sugar.
The decision to import raw sugar by lowering its import duty is designed to stem a further rise in the prices of sugar until the milling season.
Sugar price which stood at Rp6,700 a kg early this year hit a record high of 10,000 a kg this month. But the price has begun to fall slightly in recent days.
Trade Minister Mari Elka Pangestu said on Wednesday the government had decided to give an allocation of additional raw sugar import of 180,000 tons to secure year-end sugar stocks.
"We are giving a raw sugar permit for 180,000 tons for sugar mills to boost their production for adequate year-end stocks in the event of unmilled sugar," she said on the sidelines of her visit to Tanjung Perak port in Surabaya, East Java.
She said the import would be carried out before the end of the milling season in November. ***
