- The Indonesian Ministry of Finance issued Regulation Number 131 in 2024
- The regulation concerns the Value Added Tax treatment for various taxable goods and services
- It aims to ensure fairness in the application of VAT rates
- Specific taxable goods and services may use alternative values for tax assessment as outlined in Article 8A of the VAT Law
- The regulation is based on considerations of fairness and the need for specific tax treatments
- References include the 1945 Constitution, VAT Law of 1983, State Ministry Law of 2008, and several Presidential and Ministerial Regulations
- The regulation covers VAT on imports, supply of taxable goods and services, and utilization of intangible taxable goods and services from outside to inside the customs area
Source: jdih.kemenkeu.go.id
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
