BPH Migas Review Revision Of Oil And Gas BPH Regulation Number 2 Of 2022 Concerning Verification Of Business Entity Contributions

The Natural Oil And Gas Downstream Regulatory Agency held a Focus Group Discussion (FGD) (PHOTO: bph mIGAS)

JAKARTA - The Downstream Oil and Gas Regulatory Agency held a Focus Group Discussion (FGD) regarding a revised study of Regulation of BPH Migas Number 2 of 2022 concerning Procedures for Reporting and Verification of Business Entity Contributions in Business Activities for Supply and Distribution of Oil Fuel and Natural Gas Transportation through Pipes.

The review of the revision of the regulation was held in order to adjust to changes in the provisions for the management of Non-Tax State Revised (PNBP) Contributions in the draft Revision of Government Regulation (PP) Number 48 of 2019 concerning Procedures for Reporting and Verification of Business Entity Contributions in Supply Business Activities and Distribution of Oil Fuel and Natural Gas Transportation through Pipes.

Member of the BPH Migas Committee, Iwan Prasetya Adhi, revealed that this FGD was held to improve the quality of reporting and verification of contributions. "The FGD was also held to get input related to improving the contribution verification and reconciliation business process," he said in a press release, Saturday, October 5.

The relief of PNBP Contributions for Business Entities that are Mandatory to Pay, continued Iwan, has been regulated in the Regulation of the Minister of Finance Number 206/PMK.02/2021 of 2021 concerning Technical Guidelines for Application and Completion of Objection, Relief, and Return of Non-Tax State Revenue.

"The regulation of BPH Migas Number 2 of 2022 does not regulate this relief. We include this revision as a refinement of the previous rule," he added.

Another thing that is expected in this FGD is to know the existing conditions and problems in reporting, verification, and reconciliation procedures for business entities, as well as get an explanation of the involvement of each party, including BPH Migas in the process.

Meanwhile, Member of the BPH Migas Committee, Harya Adityawarman, said that through the revision of this regulation, it is also hoped that it can optimize the receipt of business entity fees, through verification of fuel selling prices and selling prices of natural gas transported through pipes, which are more accountable.

Some things that were not in the previous regulations, we hope that they can be accommodated in this rule, for example related to the issue of fines, in addition to verification of fuel prices and natural gas through more accountable pipes. So far, the verification is still focused on the volume of fuel being sold, as well as the volume of natural gas being transported through pipes," he said.