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Stake Holder : Textile Industry Needs Fundamental Changes

 

The country's fashion industry is starting to show a resurgence in the midst of the Covid-19 pandemic. One by one local brands began to appear offering quality collections derived from the beauty of the fabric of the archipelago. This is also presented by LAKON, a multi-brand store that works with craftsmen in Indonesia. Last night, LAKON Indonesia presented several modern collections wrapped in archipelago literature. "This collection is designed in order to raise the wealth and potential of the diversity of traditional Indonesian textiles which are national treasures. There are 60 collections with various Indonesian fabrics such as batik, weaving and ulos," said LAKON Indonesia

Import duties on security measures or safeguards on clothing and accessory products will take effect tomorrow, Friday (12/11/2021). Thus, garment imports will be officially subject to additional tariffs to protect the domestic industry. The implementation of the BMTP is stated in the Minister of Finance Regulation (PMK) No. 142/2021 concerning the Imposition of BMTP on the Import of Clothing and Accessory Products. Minister of Finance Sri Mulyani signed this regulation on October 21, 2021 and it was officially promulgated the day after.

The implementation of the carbon tax in 2022 is considered to be burdensome for the business continuity of the Indonesian textile and textile product (TPT) industry. For information, the government will impose a carbon tax on April 1, 2022 in the Draft Law on the Harmonization of Tax Regulations (RUU HPP). This tax levy is imposed on entities operating in the field of coal-fired power plants (PLTU) at a rate of Rp. 30 per kilogram of carbon dioxide equivalent (CO2e) or equivalent units. Ian Syarif, Deputy Chairperson of the Indonesian Textile Association (API) said that the textile industry was clearly affected by the carbon tax regulation.