Implementation of Excisable Goods and Credit Account Books

On October 5, 2023, the Minister of Finance stipulated Regulation No. 106/2023 concerning the Implementation of Excisable Goods and Credit Account Books.

The Excise Goods Account Book is a record containing entries related to the quantities of specific excisable goods, namely ethyl alcohol and beverages containing ethyl alcohol (MMEA), which are produced, imported, or exported, along with the deductions, shortages, and overcount resulting from a factory or storage location. Meanwhile, the Credit Account Book contains records of excise duties whose payments have been facilitated and their settlement.

The features of the Excisable Goods and Credit Account Books are as follows:

Feature Excisable Goods Account Book Credit Account Book
Obligation to Customs and Excise Officer Customs and Excise Officer
Intended for 1.Every Ethyl Alcohol Factory Entrepreneur;

2.Every Storage Place Entrepreneur, for Ethyl Alcohol that still owes excise duty and is in storage; or

3.Every MMEA Factory Entrepreneur.

1.Every Factory Entrepreneur that enjoys the convenience of periodic payments;

2.Every Factory Entrepreneur that receives a postponement of excise payments; or

3.Every Importer of Excisable Goods with delays in excise payments.

Function To record the amount of excisable goods in the form of Ethyl Alcohol and/or MMEA, which are made, imported, entered, destroyed/damaged, mixed, paid for, issued, or deducted, as well as shortages and excess results of enumeration, which are still subject to excise duty and at the factory or storage area. To record the amount of excise that receives payment facilities or is given a postponement and its settlement.
Recording media Electronically through the excise system or Manual Form Manual form

 

This MoF Regulation came into force on the date of its promulgation, i.e. October 5, 2023.

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