Tags: Tariff Rate Imported Solar Pv

4 FAQs about Tariff rate for imported photovoltaic panels in Indonesia

What is the standard tariff rate for Indonesia?

The standard 19% tariff rate for Indonesia may be subject to exceptions or modifications under various trade agreements.

How do Indonesia tariffs affect imports?

Indonesia tariffs directly increase the cost of importing goods by 19% of the product value. For example, if you import $1,000 worth of goods from Indonesia, you would pay an additional $ 190 in tariff fees. Are there any exceptions to Indonesia tariffs?

How do tariffs affect the US solar industry?

As a result, tariffs can still have a substantial impact on the US solar industry, especially those targeting these four Southeast Asian countries. A combined 80% of US solar PV module imports are from Cambodia, Malaysia, Thailand, and Vietnam, and a little less than 60% of US PV cell imports are from these nations.

What is the tariff rate for agricultural products in Indonesia?

The tariff rate for agricultural products is about 8.7%, while non-agricultural products stand at 8.0%. Indonesia has bound 96.1% of its tariff lines at the World Trade Organization (WTO), with an average bound tariff rate of 37.3%, offering flexibility between applied and bound rates.

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