
Gov’t Unveils Goods and Services with Free VAT, Not Subject to VAT
Indonesian Government has adjusted Value-Added Tax (VAT) from 10 percent to 11 percent on 1 April 2022, as mandated by Article 7 of Law Number 7 of 2021 on Tax Regulation Harmonization. The increase of VAT is aimed to strengthen Indonesian economy in the long term and to support the State Budget (APBN), particularly in […]