Purbaya to Impose Export Duty on Heavy Gold Jewelry
Finance Minister Purbaya Yudhi Sadewa stated that state revenue from gold export duties has dropped to near zero.
Indonesia's Finance Minister Purbaya Yudhi Sadewa announced plans to impose export duties on heavy gold jewelry in a bid to combat duty evasion schemes. Since the introduction of gold export duties in December 2025, there has been a surge in gold smuggling, with authorities suspecting illicit shipments are linked to unauthorized gold mining operations.
The tightened rules will extend the export tax to jewelry exceeding certain weight limits. This move has already resulted in the interception of 23.79 kilograms of gold at Terminal 3 of Soekarno-Hatta International Airport, worth an estimated Rp63 billion.
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