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Indonesia relaxes rules to boost car exports

Auto News - Published on Fri, 15 Feb 2019

Image Source: ET Auto
Reuters reported that Indonesia has simplified administrative rules for completely build-up car exports as part of the efforts to improve efficiency and boost exports. The rules, issued on February 1, allow companies to reduce administrative costs by 19 percent a year, Finance Minister Sri Mulyani told reporters.

CBU exporters can now directly send their products to customs area before applying for export declaration documents.

Changes in the documents can be made up to three days prior to shipping date.

The country targets exports of 400,000 CBU cars this year, up from 264,553 in 2018. Indonesia exports CBU cars to the Philippines, Saudi Arabia, and Vietnam.

Source :

Posted By : Joykumar Irom on Fri, 15 Feb 2019
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