Best answer: What is VAT called in Indonesia?

Does Indonesia have a VAT?

Value-added tax (VAT) With a few exceptions, VAT is applicable on deliveries (sales) of goods and services within Indonesia at a rate of 10%. VAT on export of goods is zero-rated, while the import of goods is subject to VAT at a rate of 10%.

Does Indonesia have GST or VAT?

VAT and Goods and Services Tax (GST) are applied to most goods and services in Indonesia. Imports are subject to VAT and GST, but most exports are not. VAT and GST taxes are called Pertambahan Pajak Nilai or PPN. … It is imposed on luxury goods which are both manufactured in and imported into Indonesia.

Does Indonesia have GST?

A Goods and Services Tax (GST) is levied at the rate of approx 10% at point of sales, by major vendors. Sales and services tax are exempt from cottage economies and industries.

What does the acronym VAT stand for?

Value-Added Tax (VAT)

How do I claim VAT back in Indonesia?

VAT refunds are applicable in Indonesia. Companies can submit the refund applications at the end of a book year. The decision of VAT refund is done by the Directorate General of Taxes (DGT) and it depends largely on the VAT audit carried out within 12 months upon the receipt of refund application.

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Is Indonesia a tax free country?

Local income taxes

There are no local taxes on individual income in Indonesia.

What is VAT exempt?

Definition of a VAT exempt

That means if you sell these goods and services you won’t charge your customers any VAT, and if you buy them there will be no VAT to reclaim. If you make some exempt sales, you can’t reclaim VAT on any costs you incur while making those sales.

What is company tax in Indonesia?

The Corporate Tax Rate in Indonesia stands at 22 percent. source: Direktorat Jenderal Pajak.