Monday, 13 September 2021 06:05

PPnBM Rules Change, Car Prices Will Increase Significantly Starting October 2021

September 2021 is a good time for people to buy the car they want. The reason is that this month, car sharing such as the Toyota Avanza, Toyota Raize, and other types still get a 25 percent PPnBM discount given by the government. However, this will not last long because next month, the two cars will experience a significant price increase. This is due to the latest government regulation which will take effect from October 2021. Quoted by Pikiran-Rakyat.com from various sources on Saturday, September 11, 2021, starting next month, Government Regulation (PP) Number 74 of 2021 will apply. This rule contains changes to PP number 73 of 2019 which regulates the new PPnBM scheme for motorized vehicles marketed in Indonesia.


PP 74 of 2021 will come into effect on 16 October. Due to these regulations, there is a change in the calculation of PPnBM on cars marketed in Indonesia. PPnBM which was previously calculated based on the type of vehicle and engine capacity, the rules will be changed to be based on fuel consumption and the resulting exhaust gas emissions. The purpose of this regulation is to support the policy of Government Regulation Number 55 of 2019 concerning the development of vehicle electrification. It is explained in the rules that according to article five, passenger cars with a maximum engine of 3,000cc with fuel consumption of more than 15.5 kilometers per liter or CO2 emission levels of less than 150 grams per kilometer, will be subject to PPnBM of 15 percent.


If you look at other regulations, namely PP No. 145 of 2000, types of motorized vehicles with a maximum engine capacity of 1,500cc are subject to PPnBM of 10 percent. So, cars like the Toyota Avanza and also the Toyota Raize will get a five percent price increase. If you look at the data on the sale value of motorized vehicles (NJKB), the Toyota Avanza has the most expensive NJKB of Rp. 151-188 million, while the Toyota Raize has a price of Rp. 146-198 million. If added to the five percent tax earlier, the price increase of these two cars will reach IDR 7-10 million starting next month. But this figure has not yet been calculated if it is deducted from the 25 percent PPnBM tax incentive which will be valid until December 2021.


Source: https://www.pikiran-rakyat.com/bandung-raya/pr-012574133/aturan-ppnbm-berganti-harga-mobil-bakal-naik-signifikan-mulai-oktober-2021?page=2

 

 

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