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Business HW 2020
Business HW 2020
This Regulation provides for the management of hazardous and toxic materials as residual from
production activities; these residues are defined as B3 waste and their management includes their
reduction, collection, storage (with time restrictions of no more than 90 days), reutilization (post
processing in order to transform the waste in a safe, non-pollutant product), transportation (i.e.
exportation to other countries)
POSITIV
Drawbacks E
Following such rule is costly because Following Impact
such rule will bring
the funds required in maintaining the positive feedback from both the
management of hazardous and toxic government and the community as it
materials are expensive as it requires will help the business to start
advance technology that is not yet responsible waste management
available in Indonesia and purchasing towards the Presidents programme
said technology from other countries Indonesia Clean-from-Waste 2025.
would have an addition of shipping This could lead to support and
fees. incentives form the government.
That in the context of implementing the provision in Article 11 A paragraph (7) Law No. 10/1995
concerning Customs as amended by Law No. 17/2006, it is necessary to stipulate Regulation of the
Minister of Finance concerning Customs Procedures in the Export
POSITIV
E
Drawbacks
When following the series of laws the Following saidImpact
law will allow the
business would have to painstakingly business to be able to conduct long
prepare all the correct legitimate lasting trade because it performs
papers or documents in order for export legally with a clean track
their products to be recognised by record leading to a good relationship
customs officer and to allow the with the customs and easier outside
exportation of said product. This market access therefore, allowing a
painstakingly long process will higher export rate and higher sales of
consume a hefty amount of time the company.
when done legally and correctly due
to the sheer amount of export
documentations custom officers has
to process.