Tag
#Import
Showing 1-17 of 17 items
articleTax Invoice Code 010 vs 070: Minor Error, Potential Tax Assessment
The difference between tax invoice codes 010 and 070 in bonded zone transactions may trigger tax corrections and even tax assessments due to an administrative mistake. This article discusses the consequences of using the wrong invoice code and the importance of a proportional approach in enforcing tax regulations.
Feb 19, 2026
articleIt's Official! The US Sets 19% Import Tariff for Indonesia
The US Officially Sets 19% Import Tariff on Indonesian Products, Part of a New Trade Deal That Also Includes Purchases of US Goods and Penalties for Chinese Transshipment.
Jul 17, 2025
articleIndonesia Still Lobbying the U.S., Import Tariff Decision Expected Before August 1
The Indonesian government continues negotiations with the United States to reduce the 32% import tariff on Indonesian products before the August 1, 2025 deadline, aiming to secure a more favorable trade agreement.
Jul 14, 2025
articlePilgrims’ Belongings Exempt from Import Duties and Taxes
The Ministry of Finance has granted import duty and tax exemptions for Hajj pilgrims' belongings as of June 12. The value of goods reached IDR 2.4 billion.
Jun 13, 2025
articleGovernment to Revise Merger and Acquisition Tax Rules, IDX Respons Positively
The Indonesian government is considering revising tax regulations to support mergers and acquisitions, aiming to enhance business efficiency amid the impact of U.S. trade tariffs.
Apr 15, 2025
articleSupported by Non-oil and gas Commodities, Indonesia's Trade Balance Records 40th Consecutive Month of Surplus
Indonesia's trade balance again recorded a positive performance. Based on data from Statistics Indonesia (BPS), the trade balance in August 2023 recorded a surplus of US$ 3.12 billion. Thus, Indonesia's trade balance has been in surplus for 40 consecutive months.
Sep 15, 2023
articleExports Strengthen, April Trade Balance Returns to Surplus US$ 3.94 billion.
The Statistics Indonesia (BPS) stated Indonesia's trade balance experienced a surplus of US$ 3.94 billion in April 2023.
May 16, 2023
articleIndonesia Ratifies Changes in ASEAN Trade in Goods Agreement
Apart from validating changes to the ASEAN trade cooperation protocol, the government has also issued more technical regulations, through the Minister of Finance Regulation (PMK) number 131 / PMK.04 / 2020 that specifically stipulated the procedures for imposing import duty on imported goods.
Sep 24, 2020
articleAugust Trade Balance Recorded a Surplus of USD 2.33 billion
Statistics Indonesia (BPS) recorded Indonesia's trade balance in August 2020 amounting to USD 2.33 billion. Meanwhile, the cumulative trade balance for January-August 2020 was USD 11.05 billion.
Sep 17, 2020
articleImport Growth Shrinks, July Trade Balance Recorded a surplus of USD 3.26 billion
When viewed from the type of imported goods, the biggest decline occurred in the type of consumer goods whose growth was minus 21.01%. Meanwhile, imports of supporting raw materials and capital goods grew by -2.5% and 10.82%, respectively.
Aug 21, 2020
articleReturning to Surplus, the Trade Balance of June 2020 Gives a Positive Signal
BPS sees a positive signal shown from the current trade balance data, that is an increase in export and import compared to the export and import figures in the previous month.
Jul 16, 2020
articleDespite a Surplus of USD 2.09 billion, the May Trade Balance Is Not Encouraging
Indonesia's trade balance in May 2020 experienced a surplus of USD 2.09 billion, as well as for the January-May 2020 period was recorded a surplus of USD 4.31 billion. However, despite having a surplus, both exports and imports have declined.
Jun 16, 2020
articleThe Utilization Value of Customs Facilities During Pandemic Reaches Trillions of Rupiah
During the Covid-19 pandemic, the Ministry of Finance through the Directorate General of Customs and Excise (DJBC) has provided various fiscal and procedural incentives to restore the decline in economic performance due to the effects of Corona virus, as well as to support the business world so that it is not increasingly falling.
Jun 12, 2020
articleGovernment to Reset Import Duty of Safeguard on Import of Curtain Products
In the new regulation, the government changed the import duty tariff scheme for security measures for curtain products, interior blinds, bed valance and other goods. If previously the imposition of import duties used a single import duty of IDR 441,083 per Kilogram (kg), in the new regulation the government imposed three different tariffs based on a certain time period.
May 29, 2020
articleNon Oil And Gas Import Dropped, Trade Balance of March Swings Back Into Surplus
BPS considers this condition should be the concern of the Government, because the decline in non-oil and gas import was driven by a decline in import of raw material by 2.82% and import of capital goods down to 13.07%, during January-March.
Apr 16, 2020
articleA Request for BNBP Recommendations for Import Can be Submitted via INSW
As part of the Task Force for the Acceleration Task Force for the Acceleration of Coronavirus Disease 2019 (Covid-19) in Indonesia, now the recommendation for the National Agency for Disaster Countermeasure (Badan Nasional Penanggulangan Bencana/BNPB) which consists of exemption from import trade system provisions and the provision of fiscal facilities can be done online through the Indonesia National Single Window system. (INSW)
Mar 30, 2020
articleTrade Balance Records a USD 2.3 billion Surplus in February
The Central Statistics Agency (Badan Pusat Statistik/BPS) announced Indonesia's trade balance in February had a surplus of USD 2.35 billion. While for the January-February period, there was a surplus of USD 1.69 billion
Mar 17, 2020
