JAKARTA - The government is expanding the zero percent car tax program for vehicles with engines from 1.500cc to 2.500cc. The goal is to boost car sales in the country. The sales tax on luxury goods (PPnBM) has also been approved by the Minister of Finance, Sri Mulyani.
The zero percent car tax for cars with engines 2.500cc and below will go into effect in April. Currently, Sri Mulyani is studying the policy of the minister of finance and it will be finalized in the near future. Finalize the zero percent car tax regulations from 1.500cc to 2.500cc.
Requirements related to the zero percent car tax regulation are being prepared, one of which is the engine capacity limit and others. This zero percent car tax will make it easier for consumers to get the car of their dreams.
"So we are making improvements, as long as 70 percent Domestic Component Level (TKDN) can reach (cars) to 2.500 cc, this will address the issue of several requests for cars over 1.500 cc in the PPnBM relaxation that is given", said Sri Mulyani through a virtual event, Tuesday. 23 March.
SEE ALSO:
Based on government regulation no. 41 of 2013 regarding taxable luxury goods in the form of motorized vehicles subject to sales tax on luxury goods. Fortuner and Innova cars include cars with a capacity of under 2.500cc. Both cars can be subject to a 20 percent PPnBM discount.
The mechanism for calculating the zero percent car tax is somewhat complicated. The reason is that you have to calculate the Motor Vehicle Sale Value (NJKB) multiplied by the weight coefficient times the 20 percent PPnBM value. Even so, the calculation for the zero percent car tax could offer a price reduction of around IDR 50 to IDR 80 million.
A significant decrease, of course, the presence of a zero percent car tax regulation makes it easy for consumers. In the future, the zero percent car tax is likely to boost sales of four-wheeled vehicles in RI.
List of New Cars Subject to First Phase Zero Tax (March 1 - June 30)
In a policy issued by the Ministry of Finance, a number of cars are subject to zero percent tax. Here's a list of cars that are subject to zero percent tax.
1. Toyota: Toyota Yaris, Toyota Vios, Toyota Sienta, Toyota Avanza, Toyota Rush and Toyota Raize.
2. Daihatsu: Daihatsu Xenia, Daihatsu Grand Max Minibus, Daihatsu Luxio, Daihatsu Terios, to Daihatsu Rocky.
3. Mitsubishi: Mitsubishi Xpander, Mitsubishi Xpander Cross
4. Nissan: Nissan Livina
5. Honda: Honda Brio RS, Honda Mobilio, Honda BR-V, Honda HR-V
6. Suzuki: New Suzuki Ertiga, Suzuki XL-7
7. Wuling: Wuling Confero.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
