The Ministry Of Finance Provides Relaxation On Delaying Excise Payments

Farmers drying tobacco in Malacca Village, Banyuresmi Village, Tanjungsari, Sumedang Regency, West Java (Raisan Al Farisi/Antara)

JAKARTA - The Ministry of Finance has decided to provide non-fiscal stimulus in the form of delaying excise payments for a maximum period of 90 days to factory entrepreneurs. This effort is a responsive government action in following up on the aspirations of the Tobacco Manufacturers Association regarding requests for relaxation of excise payments. order to maintain business continuity and cash flow of the tobacco products industry," said the official statement from the Ministry of Finance, which was quoted by Antara, Saturday, July 24. This policy has been stated in the Minister of Finance Regulation (PMK) Number 93/PMK.04/2021 concerning the Second Amendment to the Ministerial Regulation. Finance Number 57/PMK.04/2017. The main points of the PMK include a 90-day delay in payment of excise duty granted on orders for excise stamps with a delay that has not been paid for excise duty until the due date of the delay when this regulation takes effect, namely July 12, 2021.

Then, orders for excise tapes with a delay are submitted when this regulation takes effect until October 31, 2021. Meanwhile, for orders for excise tapes with a delay (CK-1) which are due past December 31, 2021, the maturity is set on December 31, 2021. To obtain this relaxation, the manufacturer must apply for a change in the postponement SKEP and renew the guarantee if it has not covered 90 days and has not included the amendment to the postponement SKEP. Furthermore, the customs office makes changes to the postponement SKEP, issues proof of receipt of guarantee (BPJ) and records changes to the postponement SKEP. on the ExSIS application. Next, customs issues CK-1 approval within 90 days of CK-1 submitted after being given a change in SKEP postponement until CK-1 on October 31, 2021. Provision of deferred payment will be given after the head of the customs office or head the regional customs office determines the decision to grant the postponement .The decision based on the request of the manufacturer who also submitted a guarantee to customs that will be used for a 90-day delay period. The government has actually provided a similar relaxation through PMK Number 30/PMK.04/2020 concerning Amendments to the Regulation of the Minister of Finance Number 57/PMK.04 /2017. Therefore, the entire granting of this relaxation will be handled by customs with the principle of prudence considering the value through this delay in payment reaches Rp. 71 trillion or 97 percent of CK-1. This value comes from the delay in payment of excise duty on 120 tobacco products factories. or 11 percent of the number of tobacco products factories in the period January 1 to May 31, 2021.