Payment of the Cooking Oil Fund expedited

Payment of the Cooking Oil Fund expedited

Photo by : M RIZKY HERLIANSYAH / Sawitfest 2021

Palmoilmagazine, JAKARTA – Prior on 26 April 2022, Ministry of Industry published Regulation of Minister of Industry Number 12 / 2022 about the Second Substitution on Regulation of Ministry of Industry Number 8 / 2022 about Bulk Palm Cooking Oil Procurementfor the People, Micro and Small Business’ Needs that Palm Oil Plantation Fund Management Agency (PFMA) fund.

The revision of the regulation is about to fund acceleration of bulk palm cooking oil by PFMA to the producers by prioritizing accountability and carefulness.

“The payment system is that the producers should propose payment to PFMA online through Sistem Informasi Industri Nasional (SIINas) by uploading every document, such as, reports of recapitulation, selling transaction notes to every distributor and/or retailer, and tax invoice,” General Director of Agro Industry Ministry of Industry, Putu Juli Ardika said, Wednesday (27/4) as in the official statement to Palmoilmagazine.

General directorate would verify the payment proposal of bulk palm coking oil procurement, and be helped by independent surveyor and funded by PFMA. After conducting verification, the general directorate would deliver documents of payment proposal of bulk palm cooking oil and the result of verification would be delivered to PFMA. “Every phase would be in online,” Putu said.

To accelerate the payment, Regulation of Minister of Industry Number 12 / 2022 regulated about the condition on payment proposal that every producer proposed before pointing independent surveyor and funded by PFMA.

The general directorate could deliver proposal payment on bulk palm cooking oil to PFMA online after checking up the complete and adjustable proposal documents. The producers should sign the documents, at least, by providing the preparedness/ability to return the change of payment on bulk palm cooking oil that they got, at least, ten days of work since they got bill of payment change from PFMA.

“By the acceleration and mechanism of online payment through SIINas, we belived, the order of payment on bulk palm cooking oil can be sent to director of PFMA since 27 April 2022,” Putu said. (T2)

 

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