TAX

How to Calculate the Value Added Tax (VAT) and Sales Tax on Luxury Goods (Sales Tax) VAT and luxury sales tax is calculated by multiplying the Tax Rate Tax Base (DPP). VAT and Sales Tax Rates 1 The VAT rate is 10% (ten percent). 2 Rate of VAT at 0% (ten percent) applied to: o export of taxable goods (BKP) Tangible; o Intangible exports BKP; and o export of taxable services. 3 Sales Tax Rates are the lowest 10% (ten percent) and the highest 200% (two hundred percent). 4 Sales Tax Rates on exports of luxury belonging BKP is 0% (zero percent). Tax Base (DPP) Tax Base is the basis used to calculate the tax due, as follows: Total Sales Price, Value Import, Export value, or another value specified by Ministry of Finance. 1. Sales Price is the monetary value, including all costs charged or should be charged by the seller for delivery of taxable goods (BKP), excluding VAT is levied under the Act and the VAT rebate is included in the Tax Invoice. 2 Replacement is the value in money, including all costs charged or should be charged by employers for delivery of taxable services (JKP), export of taxable services, export of Taxable Goods or Intangible, but does not include VAT which is levied under the Act VAT and price reduction included in the Tax Invoice or value in money paid or should be paid by the recipient of services due to the utilization of Taxable Services and / or the beneficiaries Intangible taxable goods. 3 Import value is the value in money is the basis for calculating import duty plus other charges to be taxed under the provisions of the Customs laws and regulations for the import of BKP, excluding VAT is levied under VAT Act. 4 Export value is the value in money, including all costs charged or should be charged by the exporter. 5. Another value is the value in money that is designated as a Tax Base with the Decree of the Minister of Finance. Another value that is specified as the Tax Base is as follows: BKP 1 for own use and / or JKP is Selling price or replacement after deducting gross profit; 2 for the free gift BKP and / or JKP is Selling price or replacement after deducting gross profit; 3 for delivery of sound or image recording media is the estimated average selling prices; 4. for submission feature film is the result of the estimated average per movie title; 5. for delivery of tobacco products is equal to the retail price; 6 for supplies of taxable goods and / or assets which, according to its original purpose is not for sale, which still remains at the time of dissolution of the company, is the fair market price; 7 for delivery of taxable goods from the center to the branch or otherwise and / or delivery of taxable goods between branches is the price of goods sold or the price of the acquisition; 8 for the delivery of taxable goods by the auctioneer is the price of the auction; 9. for delivery services package delivery is 10% (ten percent) of the amount billed or the amount that should have been billed; or 10 for delivery service travel agency or travel agency services is 10% (ten percent) of the amount of the bill or the amount that should have been billed. Example of How to Calculate VAT and Sales Tax 1 PKP "A" cash sell taxable goods with Rp25,000,000.00 Selling Price Value Added Tax = 10% x 25,000,000.00 = Rp2,500,000.00 Rp2,500,000.00 VAT is a tax levied by Exodus Taxable Person "A". 2 PFM "B" do renders Taxable Services to obtain Replacement for Rp20,000,000.00 Outstanding VAT levied by PKP "B" = 10% x Rp20,000,000.00 = Rp 2,000,000.00 Rp2,000,000.00 VAT output tax that is levied by a Taxable Person "B". 3 A person importing taxable goods from outside the Customs Area Import Rated Rp15.000.000,00. VAT is levied by the Directorate General of Customs and Excise = 10% x Rp15,000,000.00 = Rp 1,500,000.00 4 Taxable Person "D" imported taxable goods belonging to the Value Luxury Imports Rp5,000,000.00 taxable goods belonging to the luxury addition is also subject to Sales Tax charged VAT at the rate of 20% for example. Calculation of VAT and luxury sales tax payable on taxable goods imported luxury are classified as: a. Tax Base = Rp 5,000,000.00 b. VAT = 10% x 5,000,000.00 = Rp500.000,00 c. VAT BM = 20% x 5,000,000.00 = 1,000,000.00 5. Then PKP "D" using the imported taxable goods as part of a BKP which the delivery is subject to 10% VAT and Sales Tax at the rate of 35% for example. Therefore PPnBM which is paid on taxable goods imported can not be credited, then 1,000,000.00 luxury sales for can be added to the price of taxable goods produced by PKP "D" or charged as expenses. For example PKP "D" BKP sell it produces, then the calculation of VAT payable and VAT BM is: a. Tax Base = 50,000,000.00 b. VAT = 10% x 50,000,000.00 = 5,000,000.00 c. c. VAT BM = 35% x 50,000,000.00 = Rp17.500.000,00 Rp500.000,00 VAT paid at import an input tax for PKP "D" and Rp5,000,000.00 VAT output tax for PFM is "D". While luxury sales for 1,000,000.00 can not be credited. So even with the luxury sales for Rp17.500.000,00 not be credited by PKP "X". TIME AND PLACE DUE VAT 1 When was the VAT payable and VAT BM? Basically the collection of VAT and sales tax on luxury adheres to the principle of accrual. a. When VAT is payable at the time: - The delivery of taxable goods or JKP; - Import BKP; - Utilization BKP obtained from outside the Customs Area; - Utilization of JKP outside customs area; - Payments, in which case the payment is received before delivery or before utilization BKP BKP intangible or JKP from outside the Customs Area. - When other stipulated by the Director General of Taxation b. The time when VAT BM is at the moment: - Imports are classified as luxury or BKP; - Submission to the buyer by the manufacturer of the BKP is quite luxurious. Keep in mind that the imposition of Sales Tax is only one time, in accordance with the Sales Tax payable currently. c. VAT payable on the transfer of taxable goods in order to change the form of business or business combination or business expansion or transfer of all assets of the company followed by a change of the party entitled to the BKP, is happening at the time of signing the deed in respect of the Notary 2 Where the VAT payable? a. Where the tax payable for PFM delivers BKP, JKP and BKP export tax payable is: - Place of residence or domicile and - The business activities conducted or - Other place designated by the Director General of Taxation. b. In the case of imports, the tax payable on the taxable goods occurred inserted and collected by the Directorate General of Customs and Excise. c. Individual or entity that utilizes intangible taxable goods and or JKP from outside the Customs Area within the Customs Area tax payable is: - Place of residence or domicile and - Places of business. d. The other place specified by the Director General of Tax, namely: - For PKP registered in LTO and are listed in the Tax Office determined the tax payable only in the registered PKP (weighted auto LTO and LTO WP SOE). Understanding VAT return period 1 For Taxable Person (PKP), which published the Standard Tax Invoice less than 30 (thirty) within one (1) Period Tax, VAT return period is the Notice in the form of a paper form (hard copy) as well as in electronic form. 2 For Taxable Person (PKP) Standard Tax Invoice which publishes more than 30 (thirty) within one (1) Period Tax, VAT return period is the Notice role in the form of electronic data. 3 For the collector vat, VAT return period is composed of the Notice of Parent and Attachment SPT SPT either in the form of a paper form (hard copy) or in the form of electronic data.