Ministry reviews CPO tax, mulls revision
Bareksa • 28 May 2014
Youth and Sports Minister Roy Suryo (right) and Indonesian Plantation Entrepreneurs Association (GPPI) chairman Soedjai Kartasasmita - (The Jakarta Post/Maman)
The commodity currently hovers around $900 per ton and the Trade Ministry on Monday
The Jakarta Post - The Industry Ministry is finishing its assessment into the taxes imposed on palm oil and palm oil derivatives, which may result in the revision of some export tariffs to further spur growth in the downstream industry.
Industry Ministry director general for agriculture and chemical industries Panggah Susanto said the assessment also reviewed the tax structure on palm oil products considered to have higher added-value and bright sales outlook.