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Indonesia collects 1 bln USD from e-commerce VAT

Indonesia’s Directorate General of Taxes (DGT) of the country’s Ministry of Finance collected a value added tax (VAT) of 15.68 trillion IDR (1 billion USD) from 161 trading business actors through the Electronic System (PMSE) as of October 31, 2023.
Indonesia collects 1 bln USD from e-commerce VAT ảnh 1 Indonesia’s Directorate General of Taxes (DGT) (Photo: antaranews.com)

Jakarta (VNA)🌊 – Indonesia’s Directorate General of Taxes (DGT) of the country’sMinistry of Finance collected a value added tax (VAT) of 15.68 trillion IDR (1billion USD) from 161 trading business actors through the Electronic System(PMSE) as of October 31, 2023.

Director of Counseling, Services, and PublicRelations Dwi Astuti said the amount comes from I 731.4 billion IDRin deposits in 2020, 3.90 trillion IDR in deposits in 2021, 5.51 trillion IDR in 2022, and 5.54 trillion IDR in 2023.

In a document, Dwi noted that the number ofPMSE appointed as VAT collection did not increase from the previous month because during October 2023, the government did not make anyappointments.

To increase justice and equality of business between digital and conventionalbusiness actors, the government has regulated the appointment of PMSE businessactors to collect VAT from their customers.

🐭 According to the regulation, business actors who have been appointed asVAT collection must collect at an 11%  rate for foreign digital products sold inIndonesia.

In addition, collection is also required tomake proof of VAT collection which can be in the form of commercial invoices,billing, order receipts, or other similar documents that mention VAT collectionand payment has been made.

ꦯ The criteria for business actors who can be appointed as PMSE VATcollection include the value of transactions with Indonesian buyers havingexceeded 600 million IDR a year or 50 million IDR a month and/or the number oftraffic in Indonesia has exceeded 12, 000 a year or a thousand a month./.

VNA

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