Government Imposes Anti-Dumping Duties on BOPET Imports through the Regulation of the Minister of Finance Number 14 of 2026

Introduction

On April 1, 2026, the Ministry of Finance issued Regulation of the Minister of Finance Number 14 of 2026 on the Imposition of Anti-Dumping Duties on the Import of Biaxially Oriented Polyethylene Terephthalate Products Originating from India, the People's Republic of China, and Thailand ("MOF Regulation 14/2026"). MOF Regulation 14/2026 stipulates the imposition of Anti-Dumping Duties on the import of Biaxially Oriented Polyethylene Terephthalate ("BOPET") products from specific countries to address losses caused by dumping practices.

The issuance of MOF Regulation 14/2026 was based on the investigation results of the Indonesian Anti-Dumping Committee, which showed that dumping practices on BOPET imports from India, the People's Republic of China, and Thailand are still ongoing. These practices resulted in export prices being lower than the normal value, thereby causing losses to the domestic industry. MOF Regulation 14/2026 also serves to replace the previous provisions set forth in Regulation of the Minister of Finance Number 11/PMK.010/2021, which has expired. The imposition of anti-dumping duties is part of the implementation of Indonesia's obligations as a member of the World Trade Organization to maintain fair trade practices.

Key Provisions

Goods Subject to Duties

Article 2 governs the imposition of Anti-Dumping Duties on the import of BOPET products from India, the People's Republic of China, and Thailand. The products include:

1. Materials in the form of plates, sheets, film, foil, and other strips of non-cellular plastics;

2. Materials that are unreinforced, unlaminated, unsupported, and not combined with other materials; and

3. Goods classified under tariff headings ex3920.62.10, ex3920.62.91, and ex3920.62.99.

Tariffs and Details of Affected Companies

The Anti-Dumping Duty rates differ based on the country of origin and the producer, as governed by Article 3 and set forth in the Annex. The tariff details include:

1. India: SRF Limited at 8.5%, Vacmet India Limited at 4.0%, Jindal Poly Films Limited at 6.8%, Ester Industries Limited at 4.5%, and other companies at 8.5%.

2. People's Republic of China: Shaoxing Xiangyu Green Packing Co., Ltd at 2.6%, and other companies at 10.6%.

3. Thailand: SRF Industries (Thailand) Limited at 5.4%, Polyplex (Thailand) Public Company Limited at 2.2%, A.J. Plast Public Company Limited at 7.1%, and other companies at 7.1%.

Nature of Duties and Additional Tariff Provisions

Anti-Dumping Duties are cumulative and constitute an addition to the prevailing import duties, as governed by Article 4. The duties are added to the general import duties (most favoured nation) or preferential import duties based on international agreements. If the requirements of the international agreement are not met, the Anti-Dumping Duties are added to the general import duties.

Transitional Provisions

MOF Regulation 14/2026 applies to ongoing and future import processes. The Anti-Dumping Duties are imposed on BOPET imports for which the customs declaration documents obtain a registration number from the customs office from the effective date of MOF Regulation 14/2026, as governed by Article 5. For the settlement of customs obligations in the absence of a customs declaration, the tariffs are imposed at the time the customs office determines the tariff and customs value. Provisions regarding the entry and exit of goods to and from free trade zones, free ports, bonded storage areas, and special economic zones remain subject to the prevailing laws and regulations.

The imposition of Anti-Dumping Duties is valid for 5 (five) years from April 4, 2026 to April 4, 2031, as governed by Article 6. MOF Regulation 14/2026 took effect on April 4, 2026 (3 days after it was promulgated on April 1, 2026), in accordance with Article 7.

Closing

MOF Regulation 14/2026 stipulates the imposition of Anti-Dumping Duties on BOPET imports in the form of plates, sheets, film, foil, and other strips of non-cellular plastics that are unreinforced, unlaminated, unsupported, and not combined with other materials, classified under tariff headings ex3920.62.10, ex3920.62.91, and ex3920.62.99, and originating from India, the People's Republic of China, and Thailand. The tariff rates are determined based on the country of origin and the producer as set forth in the Annex, ranging from 2.2% to 10.6%, and apply as a cumulative addition to both general and preferential import duties. The duties apply to goods for which the customs declaration documents obtain a registration number from April 4, 2026, and remain in effect for 5 (five) years until April 4, 2031.