DECREE OF THE MINISTER OF FINANCE NO. 552/KMK.04/2000 DATED DECEMBER 22, 2000 ON THE DEFINITION OF SMALL-SCALE ENTREPRENEURS
IN THE CASE OF VALUE ADDED TAX
THE MINISTER OF FINANCE,
Considering :
That in the framework of implementing the provision in Article 1 point 15 and Article 3A paragraph (2) of Law No. 8/1983 on value added tax on goods and services and sales tax on luxury goods as already amended the latest by Law No. 18/2000, and in order to make adjustment to the currency economic situation and condition, it is necessary to stipulate a decree of the Minister of Finance on the definition of small-scale entrepreneurs in the case of value added tax;
In view of :
1. Law No. 6/1983 on taxation general provisions and procedures (Statute Book of 1983 No. 49, Supplement to Statute Book No. 3262) as already amended the latest by Law No. 16/2000 (Statute Book of 2000 No. 126, Supplement to Statute Book No. 3984);
2. Law No. 8/1983 on value added tax on goods and services and sales tax on luxury goods (Statute Book of 1983 No. 51, Supplement to Statute Book No. 3264) as already amended the latest by Law No. 18/2000 (Statute Book of 2000 No. 128, Supplement to Statute Book No. 3986);
3. Presidential Decree No. 234/M/2000;
D E C I D E S :
To stipulate :
THE DECREE OF THE MINISTER OF FINANCE ON THE DEFINITION OF SMALL-SCALE ENTREPRENEURS IN THE CASE OF VALUE ADDED TAX.
Article 1
Referred to in this decree of the Minister of Finance as small-scale entrepreneurs shall be entrepreneurs that in a book year undertake the delivery/provision of :
1. Taxable goods with the gross turnover not exceeding Rp. 360,000,000.00 (three hundred and sixty million rupiahs);
2. Taxable services with the gross revenue not exceeding Rp. 180,000,000.00 (one hundred and eighty million rupiahs);
a. Rp. 360,000,000.00 (three hundred and sixty million rupiahs) if the turnover of taxable goods is more than 50% (fifty percent) of the total gross turnover and gross revenue; or
b. Rp. 180,000,000.00 (one hundred and eighty million rupiahs) if the revenue from taxable services is more than 50% (fifty percent) of the total gross turnover and gross revenue.
Article 2
The delivery/provision of taxable goods and/or taxable services executed by the small-scale entrepreneurs shall be exempted from value added tax.
Article 3
The provisions as meant in Article 1 and 2 shall not apply in the case of small-scale entrepreneurs deciding to be validated as taxable companies/entrepreneurs.
Article 4
(1) Small-scale entrepreneurs shall report their businesses to be validated as taxable companies, if the gross turnover and/or gross revenue shall exceed the limit as meant in Article 1 up to one month in the book year.
(2) The entrepreneurs as meant in paragraph (1) shall report their businesses to be validated as taxable companies not later than the end of the following month.
Article 5
(1) Taxable entrepreneurs can submit applications for the revocation of validation as taxable entrepreneurs in the case of their gross turnover and/or gross revenue not exceeding the limit as meant in Article 1 in one book year.
(2) The taxable entrepreneurs as meant in paragraph (1) shall submit applications to Heads of Tax Service Offices where the entrepreneurs are validated as taxable entrepreneurs not later than one month after the book year ends.
(3) The Director General of Taxation shall make decisions in 2 (two) months as from the date of receipt of the application for the revocation of validation as meant in paragraph (1).
(4) In the case of the Director General of Taxation making no any decision in the period as meant in paragraph (3), the applications for the revocation of validation shall be considered acceptable.
(5) The decisions on the revocation of validation of taxable entrepreneurs as meant in paragraph (4) shall be issued not later than one month after the period as meant in paragraph (3) ends.
Article 6
Provisions needed in the framework of the implementation of this decree shall be stipulated by a decision of the Director General of Taxation.
Article 7
Article 8
This decree of the Minister of Finance shall come into force as from January 1, 2001.
For public cognizance, this decree of the Minister of Finance shall be published by placing it in State Gazette of the Republic of Indonesia.
Stipulated in Jakarta On December 22, 2000
THE MINISTER OF FINANCE sgd.
