Thursday, October 27, 2011

Indonesia VAT rates

The standard rate of VAT in Indonesia is 10%.

VAT at the general rate of 10% is imposed on importers, manufacturers,
wholesalers and retails and on the provision of most services. While
the VAT laws permit amendments of the rates for individual items,
currently the products with a rate other than 10% are cigarettes and
used cars. Services such as package deliveries and travel agents are
taxed at 1%, while factoring is imposed at 5% on the fees received.

Exports are effectively excluded from VAT by being subject to a zero tax rate.

VAT is payable by the 15th of the month following the relevant
transaction. Monthly tax returns must be submitted by the 20th of the
following month. In the case of certain services rendered by
non-residents of Indonesia, the recipient of these services has an
obligation to self-assess, report and pay import VAT by the 15th of
the following month.

Source : http://www.taxrates.cc

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