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Excise

Illegal tobacco excise plan casts haze over market fairness, policy certainty
Regulations 2 months ago

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Illegal tobacco excise plan casts haze over market fairness, policy certainty

Finance Minister Purbaya Yudhi Sadewa estimated that formalizing illegal cigarette production could generate additional trillions of rupiah (more than US$59 million) for the state coffers.
Choosing a better path for tobacco excise
Economy 5 months ago

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Choosing a better path for tobacco excise

The country needs to shift from its complex, nine-tier excise system to a simplified, uniform excise rate, complemented by a funding mechanism and training program that protects livelihoods.
Finance Minister cracks down on illegal cigarettes
Regulations 5 months ago

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Finance Minister cracks down on illegal cigarettes

Minister Purbaya said he had also summoned e-commerce platforms, including Tokopedia and Blibli, urging them to prevent the sale of illegal cigarettes on their marketplaces.
Employers warn against hike in tobacco excise to meet state revenue goal
Regulations 6 months ago

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Employers warn against hike in tobacco excise to meet state revenue goal

The Indonesian Employers Association (Apindo) has warned against a potential hike in the tobacco excise as the government looks to beef up state revenue next year without increasing taxes.
Govt to proceed with plan to set up revenue body, Hashim signals
Regulations 1 year ago

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Govt to proceed with plan to set up revenue body, Hashim signals

Hashim Djojohadikusumo, Prabowo’s top adviser and biological brother, said on Sunday that the Third Deputy Finance Minister Anggito Abimanyu is set to take helm of the planned body once it is established.
Government delays long-awaited sugary drink excise, again
Society 1 year ago

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Government delays long-awaited sugary drink excise, again

The government has once again delayed the implementation of the long-awaited excise tax on sweetened beverages despite growing demands to curb rising obesity and diabetes in the country.
Businesses fret over planned excise on fats and salt in processed foods
Regulations 1 year ago

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Businesses fret over planned excise on fats and salt in processed foods

This provision will apply to all businesses, including food served in catering services, hotels, restaurants, canteens, street food stalls and vendors as well as importers.
Govt considers excise on concert tickets
Regulations 1 year ago

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Govt considers excise on concert tickets

A senior Finance Ministry official said “Indonesian people are actually quite rich” given that concert tickets were frequently sold out in the country and claimed that many people even went overseas to attend international concerts.
Smoking pandemic
Editorial 2 years ago

Smoking pandemic

The economic burden of smoking in the country reached Rp 531.8 trillion (US$35.6 billion) in 2017, or about 3.6 times greater than the tobacco excise revenue of that year.
Electronic invoicing could cut tax losses in international trade
Academia 3 years ago

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Electronic invoicing could cut tax losses in international trade

Discrepancies and tax losses could be avoided, and our balance of trade statistics be more accurate if foreign exporters of goods and services to Indonesia were required to submit an electronic invoice.
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