Indonesia to decrease threshold for import taxes on e-commerce items

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Indonesia to decrease threshold for import taxes on e-commerce items

JAKARTA Dec 23 (Reuters) - Indonesia will decrease the brink at which it begins to impose import ta


JAKARTA Dec 23 (Reuters)Indonesia will decrease the brink at which it begins to impose import taxes on shopper items offered through e-commerce to only $3, from $75, to regulate purchases of low-cost international merchandise and shield small home companies, officers mentioned on Monday.

Abroad shipments from e-commerce purchases jumped to almost 50 million packages to date in 2019, in contrast with 19.6 million packages final 12 months and 6.1 million the 12 months earlier than, with a lot of the items coming from China, customs information confirmed.

“That is to guard companies who’ve been producing items which might be typically traded in e-commerce, equivalent to sandals, crafts, and purses,” mentioned customs director basic Heru Pambudi.

Underneath the brand new laws, which can come into impact on the finish of January 2020, foreign-produced textiles, garments, baggage, and footwear that value a minimal of $Three shall be topic to a spread of taxes with a complete charge of 32.5% to 50% of their worth, the official mentioned.

For different merchandise, the import taxes will…



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