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Berita Hari Ini Excise Duties

  • Despite Tax Shortfall, Indonesia's 2017 Customs & Excise Target Met

    Despite Tax Shortfall, Indonesia's 2017 Customs & Excise Target Met

    Although tax revenue realization will not achieve the target that was set by the Indonesian government in the (revised) 2017 state budget, the government's customs and excise revenue target has been achieved this year. Data from the Directorate General of Customs and Excise show that IDR 189.36 trillion (approx. USD $14 billion) was collected in customs and excise revenue up to 28 December 2017, equivalent to 100.11 percent of the full-year target.

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  • Indonesian Gov't Plans Excise Tax on Plastic Bags in 2018 Budget

    Indonesian Gov't Plans Excise Tax on Plastic Bags in 2018 Budget

    Stakeholders in Indonesia's plastics industry are not happy to see the government eager to impose an excise tax on plastic bags in the proposed 2018 state budget. Fajar Budiyono, Secretary-General of the Indonesian Olefin, Aromatic and Plastic Industry Association (Inaplas), is against the excise tax saying it will not be a solution to environmental pollution. Instead, the government should focus on enhancing plastic waste treatment.

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  • A Package of Cigarettes to Cost IDR 50,000 in Indonesia?

    A Package of Cigarettes to Cost IDR 50,000 in Indonesia?

    The Finance Ministry of Indonesia will study whether the price of a package of cigarettes can be raised to IDR 50,000 (approx. USD $3.8), almost twice as high as the current average price of a package of cigarettes in Indonesia. The price hike would help the government to reduce a looming tax shortfall and discourage people from consuming their death sticks. The Tobacco Atlas estimates that there are 53.7 million active adult smokers and 2.6 million active youth smokers in Indonesia. Hence, Indonesia is the third-largest cigarette consumer (after China and Russia).

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  • Difficult to Meet Indonesia’s 2015 Excise and Customs Duties Revenue Target

    Difficult to Meet Indonesia’s 2015 Excise and Customs Duties Revenue Target

    From 1 January 2015 to the first week of September, Indonesia only managed to collect IDR 103.7 trillion (approx. USD $7.2 billion) in excise and customs duties revenue, or 53 percent of the full-year target (IDR 195 trillion) set in the Revised 2015 State Budget. As such, it is highly unlikely that this year’s government target will be met. Heru Pambudi, Director General of the Finance Ministry's Directorate General of Customs and Excise, said it is more likely that 95 percent of the target will be achieved, adding that the bulk of revenue comes from tobacco excise, followed by alcoholic beverages.

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Artikel Terbaru Excise Duties

  • Fiscal Governance; Taking a Closer Look at Excise Duties in Indonesia

    Fiscal Governance; Taking a Closer Look at Excise Duties in Indonesia

    Excise duties are relevant sources of revenue for the government. By making specific products more expensive an excise duty aims to discourage or limit the consumption of products that are considered harmful to the health of consumers or disruptive to the environment. Examples of often targeted products are tobacco, alcohol and fuels.

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  • Government and Parliament Agree on Indonesian Revised 2014 State Budget

    Government and Parliament Agree on Indonesian Revised 2014 State Budget

    In a plenary session of Indonesia’s House of Representatives (DPR) on Wednesday evening (18/06), the parliament approved the government’s proposed revised state budget of 2014 (RAPBN-P 2014). Prior to this approval, the revision had already been discussed for a month between the House of Representatives’ Budget Committee (Banggar) and the government. Almost all components of the 2014 State Budget have been revised from the government’s earlier assumptions.

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