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Search result with “Luxury Goods” as a keyword founded 103 news.
Gov't Tries to Find Middle Ground Amid 12 Pct VAT Concerns
... VAT would only apply to luxury goods. As Indonesia inches closer to ... the [12-percent] VAT to luxury goods. But the government will announce ...Business Dec 6, 2024 | 11:13 am
Gov’t to Enforce 12% VAT on January 1 Despite Public Opposition
... selective, targeting domestic and imported luxury goods,” Misbakhun said. He clarified that ... certain essential goods and services, such as basic ...Business Dec 5, 2024 | 7:46 pm
Gov't Prepares Incentives to Cushion Businesses from Impacts of Minimum Wage Increase
... is the relaxation of the luxury goods tax and the value-added ...Business Dec 5, 2024 | 1:28 pm
Gov’t Urged to Avoid ‘Arrogant’ Push for VAT Hike
... to 12 percent on selected goods and services starting January 1, up ... ,” he added, referring to two luxury shopping centers in Central Jakarta ...Business Dec 3, 2024 | 6:24 pm
Indonesia’s 'Underground Economy' Could Unlock Trillions, but at a Cost
... , value-added tax (VAT) and luxury goods tax (LGT) projected to generate ...Business Nov 14, 2024 | 4:09 pm
Sri Mulyani: Falling Palm Oil and Coal Prices Contribute to Lower Tax Revenue
... value-added tax (PPN) and luxury goods tax (PPnBM), which totaled Rp ... 7.87 percent. “Domestic consumption of goods has continued to increase compared ...Business Nov 13, 2024 | 1:35 pm
China’s Singles’ Day Shopping Festival Loses Its Appeal
... the luxury downturn, the shopping festival still showed strong sales for goods ... showed a preference for premium branded goods during this year’s festival.” Platforms ...Business Nov 11, 2024 | 11:36 pm
Economist Warns Against Taxing Online Gambling as Indonesia Targets 'Underground Economy'
... ; value-added tax (VAT) and luxury goods tax expected to generate Rp ...News Oct 30, 2024 | 9:48 am
Indonesia Considers Expanding Excise Duties to Concert Tickets, Detergents, and More
... excise duties on concert tickets, luxury homes, fast food, tissue paper ... that the basic criteria for goods subject to excise are those ... currently only three types of goods subject to excise: ethyl alcohol ...Business Jul 24, 2024 | 3:11 pm
The Grand Outlet Bali: New SEZ Project Promises 1,200 Jobs
... can find a range of international luxury goods such as fashion, sportswear, children ...Lifestyle Jul 23, 2024 | 11:42 am
Indonesia Yet to Pass Halfway Mark for Tax Revenue Target
... .” Value-added tax (VAT) and luxury goods tax reached Rp 282.34 ...Business Jun 27, 2024 | 2:53 pm
BYD's Grand Entrance: Thousands of Chinese Electric Cars Enter Indonesian Market
... vehicles without import duties and Luxury Goods Sales Tax (PPnBM). Typically, import ...Business Jun 22, 2024 | 1:15 pm
Police Arrest Suspect in Rp 13 Billion Luxury Watch Store Heist
... have arrested a suspect involved in a luxury watch store robbery in the ... . Ade Ary said the stolen goods were valued at nearly Rp ... interview. The heist occurred at a luxury watch store in the PIK ...News Jun 13, 2024 | 11:05 am
Authorities Foil Smuggling of Harley Davidson Bikes, Fighting Cocks, and Pitbulls from Thailand
... thwarted an attempt to smuggle luxury motorcycles, fighting cocks, ... such operations, distributing illegal goods in Medan and even ... group has smuggled illegal goods 15 times, distributing them ... We understand that smuggling illegal goods can disrupt the economy, ...News Jun 5, 2024 | 9:47 am
AGO Hands Over Banknotes, Gold Ingots as Evidence in Timah Graft Scandal to District Prosecutors
... . The items also include luxury vehicles and electronic goods, which the top ...News Jun 4, 2024 | 11:56 pm
Apindo: 12 Percent VAT Increase in 2025 Could Derail Economic Recovery
... Budget, revenue from VAT and luxury goods tax reached approximately Rp 764 ... increase into their cost of goods sold, it could reduce company ... percent and 5 percent. Malaysia uses a Goods and Services Tax (GST) system ...Business May 16, 2024 | 9:26 am
Personal Shopper Finds Import Restriction Confusing
... personal shoppers offering colleagues goods from overseas. Her products ... or taxes, especially for luxury goods.” According to Cindy, the ... small quantities and non-luxury goods. Despite her products not ... being of luxury brands, Cindy claimed that ...Business Mar 25, 2024 | 12:09 pm
Proposed VAT Hike Could Stifle Economic Growth, Warns Indef
... for more affordable combinations of goods and services," he added. Heri ... VAT should be applied to luxury (branded) products that are not ... Value Added Tax (VAT) and Luxury Goods Sales Tax (PPnBM) were recorded ...Business Mar 20, 2024 | 3:37 pm
Arnold Schwarzenegger Stopped by Customs in Germany over Luxury Watch
... Airport after entering Germany with a luxury watch that was potentially to ... about 2½ hours, he said Thursday. Goods over the value of 430 ...Lifestyle Jan 19, 2024 | 2:18 pm
KPK Seeks FBI Assistance in Investigating SAP's Bribery Allegations
... , political contributions, electronic transfers, and luxury goods acquired during shopping excursions. In ...News Jan 17, 2024 | 11:33 am
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