Inforial (The Jakarta Post)
Mon July 4, 2022
As part of its role as a trade facilitator for national companies, Customs and Excise granted two companies customs facilities in the form of a Customs Logistics Center (PLB) and a Customs Zone.
PT Niaga Intijaya Perkasa, based in Cilincing, North Jakarta, has obtained the PLB installation from the Regional Customs and Excise Office in Jakarta. The company will stock beverages containing ethyl alcohol as well as promotional items in the facility.
“Through this facility, the company will benefit from a number of customs facilities such as suspension of import duties, deferment of taxes, suspension of import permits and a storage period of goods of more than three years,” said Hatta Wardhana, Customs and Excise head of the public relations and customs consultancy sub-directorate.
Meanwhile, Banten Regional Customs and Excise Office provided a bonded area facility to Banten-based furniture manufacturer PT Zinus Dream Indonesia. The company has an investment value of US$80 million and employs 1,500 workers who are mostly local residents around the factory area.
Bonded area facilities are granted to industrial enterprises whose product orientation is for export and/or sale to other bonded areas. Export-oriented industrial or manufacturing companies will benefit from customs and tax facilities, including the suspension of import duties, VAT, luxury tax (PPnBM) and article 22 of the tax on income (PPh); exemption from VAT, PPnBM, as well as excise duties.
Companies that get bonded area facilities can greatly benefit from the facility, one of which is the time efficiency of goods delivery as physical inspections are not carried out at the temporary storage locations (TPS/ports ).
At the same time, tax and customs facilities allow these companies to set competitive prices in the global market while saving on tax costs, guaranteeing the company’s cash flow and production schedule. In addition, the process supports government efforts to develop linkage programs between large, medium and small businesses through an outsourcing business model.
Hatta added that the provision of customs facilities was part of the government’s program to increase exports and investments.
“We hope that companies can take advantage of the customs facilities provided in an optimal manner, so that the facilities can have a positive influence on the development of the company’s business processes, both in terms of acceptance and absorption of labor. “work which certainly have a significant impact on economic growth. With optimal utilization of the facilities, the export rate will be maximized so that the national economic recovery can be achieved,” he concluded.