| Full title | Peraturan Menteri Keuangan Nomor 3 Tahun 2025 tentang Jenis dan Tarif atas Jenis Penerimaan Negara Bukan Pajak Kebutuhan Mendesak Berupa Denda Administratif Keterlambatan dan Jaminan Kesungguhan Pembangunan Fasilitas Pemurnian Mineral Logam Dalam Negeri pada Kementerian Energi dan Sumber Daya Mineral |
|---|---|
| Citation | PMK 3/2025 |
| Jurisdiction | Indonesia |
| Enacted by | Minister of Finance |
| Signed | 6 January 2025 |
| Promulgated | 21 January 2025 |
| Effective | 21 January 2025 |
| Implements | Pasal 8 ayat (1) of Government Regulation 69/2020 on non-tax revenue tariffs |
Peraturan Menteri Keuangan 3/2025 (Peraturan Menteri Keuangan Nomor 3 Tahun 2025 tentang Jenis dan Tarif atas Jenis Penerimaan Negara Bukan Pajak Kebutuhan Mendesak Berupa Denda Administratif Keterlambatan dan Jaminan Kesungguhan Pembangunan Fasilitas Pemurnian Mineral Logam Dalam Negeri pada Kementerian Energi dan Sumber Daya Mineral) is an Indonesian regulation of the Minister of Finance that creates two kinds of non-tax state revenue (Penerimaan Negara Bukan Pajak, PNBP) collected by the Ministry of Energy and Mineral Resources in connection with the construction of domestic metal mineral refining facilities (smelters). It was signed by Finance Minister Sri Mulyani Indrawati on 6 January 2025 and took effect on its promulgation on 21 January 2025.[1][2] It belongs to the field described at mining and energy regulation in Indonesia and to that of public finance and non-tax revenue in Indonesia.
The two revenues are an administrative fine for delay in building a refining facility, calculated by a formula, and a jaminan kesungguhan (good-faith guarantee) for the construction, set at five per cent of the value of mining products sold abroad. Both must be paid into the state treasury.[3][4][5] CRPG's regulatory tracker published an analysis of the regulation in April 2026.[6]
The preamble gives two grounds for the regulation. It cites an urgent need arising from the President's direction to pursue downstream processing (hilirisasi) of minerals and coal in Indonesia, and a recommendation by the Audit Board of Indonesia (Badan Pemeriksa Keuangan) in its report on the 2023 central government financial statements that the governance of PNBP relating to the obligation to build domestic refining facilities be improved. The regulation was issued to implement Pasal 8 ayat (1) of Government Regulation 69/2020 on the procedure for setting PNBP tariffs.[7]
Its Mengingat clause also cites Law 39/2008 on State Ministries as amended by UU 61/2024, and Perpres 158/2024 on the Ministry of Finance.[7:1] The regulation does not itself state the mining-law obligation to which the fine and guarantee attach; it sets only their type, tariff and destination.[3:1][5:1]
Pasal 1 ayat (1) lists the two types of urgent-need PNBP applicable at the Ministry of Energy and Mineral Resources: the administrative fine for delay in building a domestic metal mineral refining facility, and the good-faith guarantee for building one. Under Pasal 1 ayat (2) the fine is calculated by formula; under Pasal 1 ayat (3) the guarantee is five per cent of the volume of mining products sold abroad multiplied by the export benchmark price (Harga Patokan Ekspor, HPE).[3:2] Export benchmark prices for mining products are set by the Minister of Trade; from December 2025 the procedure for setting them has been governed by Permendag 46/2025.[8]
Pasal 2 sets the fine as (90% − (A − B)/90%) × 20% × C. In the formula, A is the cumulative percentage of physical progress in building the refining facility, B is the total weighted percentage of construction activities, both as verified by an independent verifier for the evaluation period, and C is the cumulative value of metal mineral sales abroad during the construction period, as verified by the independent verifier.[4:1] Pasal 3 requires all revenue from the fine and the guarantee to be deposited into the state treasury (Kas Negara), and Pasal 4 brings the regulation into force on promulgation.[5:2][1:1]
The regulation has four articles. It contains no provisions on reporting schedules, verification frequency, payment deadlines or export sanctions; any such rules lie outside it.[1:2]
K126 · Work URI /akn/id/act/pmk/2025/3 · RegVault PERMENKEU_3_2025[P] PMK 3/2025, Pasal 4 and closing formula (Ditetapkan di Jakarta pada tanggal 6 Januari 2025, signed electronically by the Minister of Finance). The promulgation date and Berita Negara number are not legible in the held text. regulation_id PERMENKEU_3_2025. ↩︎ ↩︎ ↩︎
[P] PMK No. 3 Tahun 2025, JDIH BPK: promulgated and in force 21 January 2025, Berita Negara 2025 No. 45. The page gives the date of enactment as 6 December 2024, which differs from the 6 January 2025 in the signed text. https://peraturan.bpk.go.id/Details/313246/pmk-no-3-tahun-2025 ↩︎
[P] PMK 3/2025, Pasal 1 ayat (1) to (3). regulation_id PERMENKEU_3_2025. ↩︎ ↩︎ ↩︎
[P] PMK 3/2025, Pasal 2 ayat (1) and (2). regulation_id PERMENKEU_3_2025. ↩︎ ↩︎
[P] PMK 3/2025, Pasal 3. regulation_id PERMENKEU_3_2025. ↩︎ ↩︎ ↩︎
[E] "Fines and Performance Bonds for Delayed Mineral Smelter Construction: PERMENKEU 3/2025", CRPG regulatory tracker, crpg.id, 18 April 2026. https://crpg.id/how-does-permenkeu-3-2025-reform-non-tax-revenue-for-mineral-refining-delays/ (free sign-in required on crpg.id) The post carries a notice that it is AI-generated; it is cited for the record of the development, not for its legal content. ↩︎
[P] PMK 3/2025, preamble, Menimbang huruf a and b and Mengingat angka 1 to 5, as published in the official copy held by JDIH BPK. The preamble is absent from the RegVault copy. https://peraturan.bpk.go.id/Download/374123/2025pmkeuangan003.pdf ↩︎ ↩︎
[P] Permendag 46/2025, Pasal 1 angka 1 and Pasal 2 ayat (1) and (2). regulation_id PERMENDAG_46_2025. ↩︎