Guidelines for Input-Tax Crediting Calculations Updated

In an attempt to improve convenience and legal certainty in relation to the crediting of Value-added tax (Pajak Pertambahan Nilai – “PPN”), as payable by taxable entrepreneurs for the obtaining and/or utilization of taxable goods and/or services deriving from customs-and-excise areas (“Input Tax”)[1], the Minister of Finance (“Minister”) has introduced new guidelines on crediting Input Tax for taxable entrepreneurs (“Guidelines”) through the issuance of Regulation No. 186/PMK.03/2022 on Guidelines for Input-Tax Credit for Taxable Entrepreneurs Who Carry Out Deliveries of Payable and Non-Payable Taxes (“Regulation 186/2022”).