Hooray! Sri Mulyani Ensures Free Tax For 2,500 CC Cars Released In April 2021, Buy Fortuner Cs Is Cheaper

Toyota Fortuner. (Photo: Doc. Antara)

JAKARTA - The government, through the Ministry of Finance, has confirmed that it will immediately release a regulation on the relaxation of sales tax levies on luxury goods (PPnBM) in the automotive sector which is considered to have a positive impact on the economy. Minister of Finance (Menkeu) Sri Mulyani said this time his party would target automotive products for segmentation of passenger vehicles by "For products up to 2,500 cc, we are in the process of finalizing the regulations," he said in a virtual press conference of our APBN, Tuesday, March 23. The Minister of Finance's regulation is in the form of a Regulation of the Minister of Finance (PMK). which is the basis for the PPnBM cut. "Later we will announce it once the PMK is finished and it can take effect starting April," he said. As previously reported by VOI, the government is eager to expand the PPnBM exemption rules for the automotive industry. Although it is not yet certain how much the value and percentage of incentives will be imposed on this large vehicle product, it is hoped that this strategic step will play an important role in hoisting economic activity in the country. This plan was actually brought up by Sri Mulyani at a Consultation Meeting with Commission XI of the DPR-RI. which was held at the Senayan Parliament Complex, Jakarta on Monday, March 15. “We are currently making improvements to the policy formulation. As long as it meets the TKDN (domestic content level) requirements of up to 70 percent, it means that it might reach the 2,500 cc vehicle class, "he said.

"This is also the answer to the demand for cars with a capacity above 1,500 cc," continued the Minister. Previously, PPnBM incentives targeted vehicle segments with engine cubes up to 1,500 cc in the sedan and 4x2 categories. The segment was chosen because it is a category that is of interest to the middle class community. and have local purchases above 70 percent. The tax discount will be carried out in stages until December 2021, provided that 100 percent of the normal rate will be given in the first three months from March 1 to June 30, then 50 percent of the normal rate for the following three months, and 25 percent of the normal rate at this stage. third for four months.