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The Latest Update for 0 Percent New Car Tax, Minister of Industry Explains the Purpose Behind, Indonesia Exporters

TRIBUNKALTIM.CO – New update 0 percent new car tax, Minister of Industry explain the purpose behind it, Indonesia is an exporter.

Ministry of Industry or Ministry of Industry keep pushing Facebook Ministry of Finance ( Ministry of Finance) approved a 0 percent tax on new cars.

Minister of Industry Agus Gumiwang once explained, the goal is to excite the automotive industry in the midst of the Corona Virus pandemic.

Ministry of Industry ( Ministry of Industry) admitted that he continues to strive to spur the automotive industry to survive the Covid-19 pandemic.

One of them is through relaxation proposals Sales tax on luxury goods ( PPnBM) for new cars at zero percent, PPN, as well as local taxes that cover Backward Names (BBN), vehicle tax (PKB) and progressive tax to the Ministry of Finance.

If approved, the relaxation is expected to be able to boost people’s purchasing power of the automotive industry.

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“Moreover, the automotive industry is one of the seven sectors that have priority development in implementing industry 4.0 according to the road map for Making Indonesia 4.0,” said the Minister of Industry. Agus Gumiwang Kartasasmita through a written statement, Saturday (17/10/2020).

He said, in 2019, more than 1 million vehicles were sold domestically, and 300,000 had been exported worldwide.

According to Minister of Industry, the excellence of automotive products made by manufacturers in Indonesia has been recognized globally.
Indonesia, he said, has become a country that exports completely built up vehicles (CBU) to more than 80 destination countries.

The five main destination countries are the Philippines, Saudi Arabia, Japan, Mexico and Vietnam.

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