(2) Specific Business Tax (SBT)
SBT is imposed on certain types of businesses that provide services whose "value added" is difficult to define.
These business will NOT be subjected to pay VAT.
Types of Businesses subjected for SBT
(1) Banking or similar business, finance, credit foncier and securities business.
(2) Life Insurance.
(3) Pawnshop.
(4) Sale of immovable property in a commercial manner or for profits.
(5) Sale of securities in SET.
(3) Customs Duties
Customs is imposed mainly on
imported goods
and selected exported goods
specified by the Customs Act
Most imported goods are subjected to customs.
But there are some exemptions
e.g. Imported goods from the members of ASEAN Free Trade Area (AFTA) or World Trade Organization (WTO)
Customs is imposed mainly on
imported goods
and selected exported goods
Customs Duties is specified by the Customs Act
Most imported goods are subjected to customs.
But there are some exemptions
e.g. Imported goods from the members of ASEAN Free Trade Area (AFTA) or World Trade Organization (WTO)