Customs and Excise Gives Import Facilitation for SMEs(KITE-IKM) in Bali

Gianyar, October 13 2017,

Ministry of Finance through the Directorate General of Customs and Excise gives Facilitation on Import for Export Easiness Access for Small Medium Enterprises (KITE-IKM) for seven small and medium industries. Initially Customs Office has facilitated several SMEs early this year. KITE IKM is a facilitation addressed for SMEs to obtain a suspension on import duties and taxes payment, as an effort to boost the SMEs export through fiscal incentives.
The seven SMEs that accept this facilitation are CV. Yogi and Boo, PT. Angel Fashion Studio, PT. Akar Wangi, PT. Supa Dupa Spice, UD. Romo, Bali Sun Sri dan Patra’s Collection. This facility was symbolically consigned and given by the General Director of Customs and Excise Mr. Heru Pambudi at Celuk Jewellery Festival. Celuk Jewellery Festival is an event to celebrate the 100 years of Celuk Village as silver crafts producer village. Celuk Village is silver-producing centers hereditary for 100 years, that makes Celuk as a good option to organize the event.
Mr. Heru Pambudi addressed in his speech that KITE IKM facilitation is aimed to boost productive economic activity particularly in the SMEs sector. Furthermore, SMEs is expected to be able to compete in the global market considering the quality of the local products that are already competitive enough compared with the global products.