Tax Info
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Luxury Tax Will not Up to 200%
Luxury Tax Will not Up to 200%. Although the government has increased the limit on luxury sales tax (Sales Tax) of 75% to 200%. But the government did not intend to use it if it is not really necessary.
"Limit the VAT rate was increased from 75% import duty to be 200%, in the implementation of 200 would not apply it," said Mochamad Tjiptardjo DGT, at the office, Jakarta, Thursday (1/4/2010).
Changes in the imposition of a maximum limit of 75% luxury sales tax to 200% in line with the enactment of Law Number 42 Year 2009 regarding the Third Amendment to Law Number 8 Year 1983 regarding the Sales Tax on Luxury Goods (Sales Tax) and Value Added Tax (VAT).
In addition, said Tjiptardjo, beginning today, April 1, 2010, a group of staple goods such as meat, eggs, milk, vegetables, and fruits free of VAT. This step aims to increase the nutritional needs of the community.
In addition, the group of financial services such as financial services, including financing based on Islamic principles are also free of VAT.
"Limit the VAT rate was increased from 75% import duty to be 200%, in the implementation of 200 would not apply it," said Mochamad Tjiptardjo DGT, at the office, Jakarta, Thursday (1/4/2010).
Changes in the imposition of a maximum limit of 75% luxury sales tax to 200% in line with the enactment of Law Number 42 Year 2009 regarding the Third Amendment to Law Number 8 Year 1983 regarding the Sales Tax on Luxury Goods (Sales Tax) and Value Added Tax (VAT).
In addition, said Tjiptardjo, beginning today, April 1, 2010, a group of staple goods such as meat, eggs, milk, vegetables, and fruits free of VAT. This step aims to increase the nutritional needs of the community.
In addition, the group of financial services such as financial services, including financing based on Islamic principles are also free of VAT.
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