| The imposition of VAT fuel Assessed Not Competitive Sailing |
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| Wednesday, 03 March 2010 08:14 | |||
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Jakarta
- Center for Public Policy Studies (Puskepi) assess the value added tax
(VAT) by 10 percent on fuel oil (BBM) for the cruise industry makes
these products become less competitive. Director Zacharias Puskepi Sofyano in Jakarta, Tuesday, said the tax made it nonsubsidi oil products more expensive than similar goods in Singapore. "As a result, foreign ships particular prefer to refuel in Singapore than in Indonesia. This of course hurt the country," he said. He compares, the elimination of VAT on fuel type avtur airline business. "Why are not subject to VAT flight avtur, but there are shipping fuel tax it," he said. Head of subfields General Provisions and Tax Procedures, Fiscal Policy Office Ministry of Finance, I Nyoman Widia revealed, it was reviewing the imposition of VAT fuel voyage. "Is it profitable or not. I hope to soon be decided," he said. According to him, the imposition of VAT on fuel will add to the cruise's state revenue. However, he continued, the policy does not support the volume of sales. This means that if VAT was abolished will cause government to lose revenue. However, on the other hand, could offset increased sales volume.
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Legitimacy & Law
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