AMENDMENT TO GOVERNMENT REGULATION NO.50/1994 ON THE IMPLEMENTATION OF LAW NO.8/1983 ON VALUE ADDED TAX OF
GOODS AND SERVICES AND SALES TAX ON LUXURY GOODS AS ALREADY AMENDED BY LAW NO. 11/1994, AS ALREADY AMENDED
THE LATEST BY GOVERNMENT REGULATION NO. 36/1996
(Government Regulation No. 14/1998, dated January 21, 1998)
THE PRESIDENT OF THE REPUBLIC OF INDONESIA,
Considering :
that within the framework of national economic reforms and restructuring, it is
deemed necessary to amend Government Regulation No.50/1994 on the
implementation of Law No.8/1983 on value added tax of goods and services and
sales tax on luxury goods as already amended by Law No.1 1/1994, as already
amended the latest by Government Regulation No.36/1996.
In view of:
1. Article 5 paragraph (2) of the Constitution of 1945;
2. Government Regulation No.50/1994 on the implementation of Law
No.8/1983 on value added tax of goods and services and sales tax on luxury
goods as already amended by Law No. 11/1994, as already amended the
latest by Government Regulation No.36/1996.
DECIDES:
To stipulate:
Article 1
To amend the provision in Article 23 paragraph (4) so that it reads as follows:
Article 23.
(4) Motor vehicles of the types of sedan or station wagon made domestically
with a propeller engine of cylinder capacity of less than 1600 cc, with
local content of more than 60% (sixty percent), motor vehicles of the types
of jeep, combi, minibus, van and pick-up made domestically with local
content of more than 60% (sixty percent), shall have government borne
sales tax on luxury goods on their delivery.
Article II
This government regulation shall come into force as from February 2, 1998.
For public cognizance, this government regulation shall be promulgated by
publishing it in the Statute Book of the Republic of Indonesia.
Stipulated in Jakarta On January 21, 1998
THE PRESIDENT OF THE REPUBLIC OF INDONESIA
Sgd
S 0 E H A R T 0
Promulgated in Jakarta On January 21, 1998
THE MINISTER/STATE SECRETARY
Sgd
AMENDMENT TO GOVERNMENT REGULATION NO. 50/1994 ON THE IMPLEMENTATION OF LAW NO. 8/1983 ON VALUE ADDED TAX ON GOODS AND SERVICES AND SALES TAX ON LUXURY GOODS AS ALREADY AMENDED BY LAW NO. 11/1994, AS ALREADY
AMENDED THE LATEST BY GOVERNMENT REGUIATION NO. 36/1996
(Government Regulation No. 14/1998 dated January 21, 1998) (ContinuedfromBusinessNewsNo.6115 Page l4A)
ELUCIDATION ON
GOVERNMENT REGULATION NO. 14 /1998
CONCERNING AMENDMENT TO GOVERNMENT REGULATION NO.50/1994 ON THE IMPLEMENTATION OF LAW NO.8/1983 ON VALUE ADDED TAX ON GOODS AND SERVICES AND SALES TAX ON LUXURY GOODS AS ALREADY AMENDED BY LAW NO. 11/1994,
AS ALREADY AMENDED THE LATEST BY GOVERNMENT REGULATION NO. 36/1996
GENERAL
Within the framework of national economic reforms and restructuring, it is
deemed necessary to adopt measures for further enhancing the competitiveness of
the national automobile industry in order to be capable of facing global
competition.
In connection with the above matter and by observing the capacity of the national
automobile industry, the time has come to abolish the various taxation facilities
so far granted.
In the context as meant above, Government Regulation No.50/1994 on the
implementation of Law No.8/1983 on value added tax on goods and services and
sales tax on luxury goods as already amended by Law No. 11/1994, as already
amended the latest by Government Regulation No.36/1996, needs to be
ARTICLE BY ARTICLE
Article I
Sufficiently clear
Article II
Sufficiently clear
