Indonesia continues to implement safeguard measures for imported H-beam and I-beam
2022-12-21 16:50:21 [Print]
On December 19, 2022, the WTO Safeguards Committee issued the safeguards notification submitted to it by the Indonesian delegation on the same day
. On December 2, 2022, the Ministry of Finance of Indonesia issued Decree No. 169/PMK.010/2022 dated on November 18, 2022, deciding to extend the safeguard measure tax on the imported I and H sections of other alloy steel for two years, as follows: 17 . 00% from December 22, 2022 to December 21, 2023, and 16 . 75% from December 22, 2023 to December 21, 2024 . The products involved include I section with a height of 100mm up to 600mm, and H section with a height of 100mm up to 350mm, of other alloy steel, not further worked than hot-rolled, hot-drawn, or extruded, under HS . Code ex . 7228 . 70 . 10 and ex . 7228 . 70 . 90 . The above safeguard measures are not applicable to the products involved in the case in Hong Kong Special Administrative Region, Macao Special Administrative Region and Taiwan, China.