Indonesia's bonded warehouses to be nationalized for overdue goods

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The Secretary of the Treasury has recently issued new regulations that specify the amount of money to be deposited in theTemporary bonded warehouse (TPS) for more than 30 daysof imported goods will be recognized asUnclaimed goods (BTD). The disposal of such goods without customs formalities may includeAuction, destruction until nationalized. This provision is included in theMinister of Finance Regulation No. 92 of 2025The regulations are organized aroundUnclaimed, State-owned and nationalized goodsThe dispositions were standardized inEnacted December 31, 2025Promulgation90 days to formalizationThe

As defined in the regulations.Unclaimed goodsspecifically, in the context ofTemporary bonded warehouse storage for more than 30 daysof goods, coveringCustoms formalities not yet declared, not yet authorized for releaseorFailure to meet relevant prohibitions and restrictionsof imported goods. After the goods are recognized as unclaimed goods, they need to be transferred to theCustoms Bonded Warehouse (TPP) storage, while starting to calculate warehousing costsThe

The regulations make it clear thatPeriodicity of charging storage feesDeposited from goodsCustoms bonded warehousemaybeCustoms supervised bonded warehouse (TLB-TPP) counts from the termination point, which is divided into two cases: if the goods will be auctioned, up to the date of determination of the reserve price of the auction; in the case of goods cleared through customs, as atDate of shipment of goods out of warehouse. Customs officials will set up a program for importers, exporters, or shippers to60-day periodIf the Customs and Excise Department does not fulfill its obligations within this period, the Customs and Excise Department shall require the Customs and Excise Department to fulfill its obligations within this period. If it is still not completed after the deadline, the Customs has the right to take subsequent disposal measures, which should be combined with the following measures.Nature of goodsJudgment.

The regulations provide that if the unclaimed goods areProhibited import or export categoriesIt will be directlynationalizationFor those who have the ability to do so. For those who haveeconomic valueunclaimed goods that do not belong to a prohibited category.sell at a reduced priceis the main disposal route. The regulations state that such goods, if deposited in a Customs bonded warehouse or a Customs supervised bonded warehouse after theCustoms clearance not completed within 60 daysThe head of the Customs Service will, in accordance with the lawInitiation of the auction processThe

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