Minister of Finance regulation No. 199/PMK.04/2019 regarding Provisions on Customs, Excise and Tax on Import of Parcels
- February 12, 2020
- Posted by: Administrator
- Category: Tax News
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On 26 December 2019, the Minister of Finance (“MoF”) issued a new regulation regarding the Provisions on Customs, Excise and Tax on Import of Parcels (“PMK-199”). PMK-199 is issued in order to revoke the previous MoF regulation No. 182/PMK.04/2016 as most recently amended by 112/PMK.04/2018.
This PMK-199 is issued in order to protect the national interest in connection with the increasing volume of imported goods through the mechanism of import of parcels and to encourage the growth of domestic industries.
The major changes of this PMK-199 are as follows:
| No | Import of Parcel, in terms of: | PMK-199 (new) | PMK-112 (previous) |
| 1 | Goods to be used | ||
| a. Threshold | FOB USD 3.00 | FOB USD 75.00 | |
| b. Tax Implication: | |||
| – Import Duty | Exempted | Exempted | |
| – VAT and/or LST | Collected | Collected | |
| – Income Tax | Not Collected | Collected | |
| 2 | Letters, Postcards and Documents | ||
| a. Threshold | n/a | n/a | |
| b. Tax Implication: | |||
| – Import Duty | Exempted | Silent | |
| – VAT and/or LST | Not Collected | Silent | |
| – Income Tax | Not Collected | Silent | |
| 3 | Excisable goods | ||
| a. Threshold | |||
| – cigarettes | 40 sticks | 40 sticks | |
| – cigars | 5 sticks | 10 sticks | |
| – sliced tobacco | 40 gr | 40 gr | |
| – other tobacco product: | 40ml | ||
| (-) in form of sticks | 20 sticks | ||
| (-) in form of capsules | 5 capsules | ||
| (-) in form of liquid | 30 ml | ||
| (-) in form of cartridge | 4 cartridge | ||
| (-) in other forms | 50 gr or 50 ml | ||
| – ethyl alcohol | 350 ml | 350 ml | |
This PMK-199 is effective since 30 January 2020.