HS Code (https://www.beacukai.go.id/btki.html)
HS code is short for Harmonized Commodity Description and Coding System. It’s a list of numbers used by customs to classify a product. As the name implies, the Harmonized Commodity Description and Coding System or better known as the Harmonized System (HS) is an international standard for naming and numbering systems used to classify trade […]
How to Import to Indonesia?
The importer must have an import permit and an importer identification number. If the importer is to import without an import permit, then the importer needs to apply for a special permit for imports without API to the Ministry of Trade of the Republic of Indonesia. Import Requirements and Documentation Includes import documentation and other […]
Example of Calculating Customs Tax 2021
Here’s how to calculate Import Duties and Import Taxes/PDRI according to the 2021 Customs tax provisions: Pak Budi imports a sports bag from France worth USD1000, with insurance costs USD10, shipping costs USD20. Because shoes are not classified as luxury goods, the shoes imported by Mr. Budi are not included in the goods subject to […]
Import Tax Normal Rate
Although Import Duty on consigned goods is imposed at a single rate, the government pays special attention to suggestions from craftsmen and producers of goods that are much loved and come from abroad. For example, bags, shoes, and garment products in Indonesia are not selling well, there are even craftsmen who have gone out of […]
2021 Customs Tax Provisions
Almost all types of imported goods will be subject to various types of import taxes. However, there are also imported goods that are subject to Value Added Tax (VAT) free from import duty (BM) levies, even VAT and Import PPh free. How come? That’s because there is a Minister of Finance Regulation (PMK) Number 199 […]
Types of Import Duties and Customs Tax 2021
Import Duties are levies or duties on imported goods collected by the Directorate General of Customs and Excise (DJBC) of the Ministry of Finance of the Republic of Indonesia. The rules regarding Import Duties on imported goods are contained in Law (UU) Number 17 of 2006 concerning Amendments to Law no. 10/1995 on Customs. The […]
Valid today, this is how to apply for VAT in a Free Trade Area
The government has set new provisions for the administration of Value Added Tax (PPN) and Sales Tax on Luxury Goods (PPnBM). Where the regulation regulates activities in the Free Trade Area and Free Port (KPBPB or FTZ) it will take effect today or February 2, 2022. These provisions are regulated in the Minister of Finance […]
Here are Indonesia’s Dwelling Time Figures until February 2022
Here are Indonesia’s Dwelling Time Figures until February 2022 The Ministry of Finance’s National Single Window (LNSW) Institute noted that the average national dwelling time in the period January 1, 2022 to d. February 28, 2022 is 2.79 days. This achievement is better than the target dwelling time of 2.9 days. Not only that, the […]
Harmonized System and How to Find HS Code Tariffs for Importers-Exporters
Harmonized System and How to Find HS Code Tariffs for Importers-Exporters For those who are involved in the import-export sector, they will definitely be familiar with the Harmonized System (HS). Through this HS Code, exporters and importers can find out how much tax (tax and duty) must be paid by knowing the HS Code rate […]
