Companies in Indonesia that carry out export-import activities or wish to obtain customs facilities from the Directorate General of Customs and Excise have the opportunity to receive various fiscal incentives.
Facilities that can be obtained
Referring to Minister of Finance Regulation Number 237/PMK.010/2020, these facilities may include Income Tax, Value Added Tax and PPnBM, import duty and PDRI, as well as excise.
- Suspension or exemption of import duty.
- Non-collection of VAT and PPnBM.
- Non-collection of Article 22 Import Income Tax.
- Exemption of excise on imports and incoming goods.
What is IT Inventory?
IT Inventory is a computer-based inventory information system designed and used by companies to administer inventory by integrating the processes of goods intake, usage, and dispatch.
Benefits of IT Inventory
- Produces inventory reports according to customs facility criteria.
- Supports company profiling and customs services.
- Helps business operations run more effectively and efficiently.
- Maintains the availability and supply of goods.
IT Inventory Categories
Customs divides IT Inventory into categories A, B, C, and D. Category A uses an integrated system within a single application. Category B uses two connected applications or utilizes an interface. Category C separates bookkeeping and IT Inventory, while category D still runs manually. Generally, facility recipient companies are directed to use category A or B.
Legal basis
PMK 237/PMK.010/2020 explains that the entry and release of goods in KEK must go through SINSW connected to the DJBC system. To obtain import duty suspension facilities, business actors must also utilize an information technology-based inventory system.
AddOn Finance Indonesia is experienced in implementing category A and category B IT Inventory for Kawasan Berikat and KITE, including integration with accounting systems, ERP, CEISA 4.0, and Core INSW.
