Knock! Incentive PPnBM Cars 2,500 CC Fortuner Et Al Not As Big As Avanza Cs, This Is The Scheme

Mitsubishi Pajero (Photo: Special)

JAKARTA - Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said the figure was decided after holding a limited coordination meeting with Coordinating Minister for the Economy Airlangga Hartarto and Minister of Finance Sri Mulyani.

"Tax deductions will be given to the KBM-R4 with these capacities and the 4x2 and 4x4 segments," he said in an official statement, Thursday, March 25.

The Minister of Industry added that the target of the PPnBM-DTP expansion policy is to encourage increased sales of motorized vehicles.

"This step is expected to accelerate the recovery of the automotive sector by increasing the utilization of production capacity," he said.

The Minister of Industry also emphasized that car products that can participate in reducing tax costs must meet certain criteria, such as the level of domestic content (TKDN) in the manufacturing process.

"We want that the implementation of the same program for KBM-R4 with local purchases above 60 percent can increase purchasing power from the public. This also has a positive impact because it can jumpstart the economy. "The restoration of production and sales of the automotive industry will have a multiplier effect for other industrial sectors," he explained.

Previously, Minister of Finance Sri Mulyani confirmed that the rules for the relaxation of PPnBM KBM-R4 would be set in April this year.

"Later we will announce it once the PMK (Regulation of the Minister of Finance) has been completed and it can take effect from April," he said in a virtual press conference of our APBN, Tuesday, March 23.

For your information, a similar policy was set at the beginning of this month targeting four-wheeled vehicles with engine cubes of up to 1,500 cc in the sedan and 4x2 categories. But the difference is, the small car segment gets a bigger incentive.

VOI noted, the application of PPnBM for this Avanza cs car of 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 in the third stage for the next four months.

This means that the 1.501cc to 2.500cc PPnBM incentives will not get a discounted portion of the PPnBM applied to cars with engine cubes of up to 1,500cc.