- The Minister of Finance has issued Regulation No. 96/PMK.03/2021 on the Determination of Non-Motorized Vehicle Taxable Goods Subject to the Luxury Goods Sales Tax and Procedures for Securing Exemptions to the Luxury Goods Sales Tax ("Regulation").
- The various non-motorized vehicle goods which will now be subject to the Luxury Goods Sales Tax (Pajak Penjualan atas Barang Mewah – "PPnBM") break down as follows: 1) Luxury residences with sales prices that exceed Rp. 30 billion will be subject to a PPnBM tariff of 20%; 2) Piloted hot-air balloons, firearms and ammunition for firearms will be subject to a PPnBM tariff of 40%; 3) Helicopters, other aircraft, artillery, revolvers and pistols will be subject to a PPnBM tariff of 50%; 4) Luxury cruise ships and yachts used for non-public purposes will be subject to a PPnBM tariff of 75%.
- However, imports and deliveries of the following items are exempted from the imposition of said PPnBM: 1) Ammunition for firearms that are used for state purposes; 2) Powered aircraft that are used for state purposes or commercial air transportation; 3) Firearms that are used for state purposes; 4) Cruise ships, excursion ships and/or water vehicles designed for the transportation of people, ferries of all types and/or yachts that are used for state purposes or public transportation; and 5) Yachts used by tourism businesses.
- The Regulation has been in force since 26 July 2021.
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