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INDUSTRY

Govt Completes New Scheme for Vehicle Tax

The government is to issue a new luxury goods tax (PPnBM) for vehicles, and the calculation formula based on exhaust gas emissions and engine volume has been completed. “The calculation will only be discussed at an inter-ministerial meeting,” Ministry of Industry's Metal, Machinery, Transportation and Electronics Director General Harjanto said.

Under the new scheme to be implemented later this year, the government will no longer use a calculation formula based on the type of vehicle, engine size, and driving device. The tax will be calculated based on test results of carbon dioxide (CO2) emissions and cylinder volume (engine size).

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