Receiving Sri Mulyani’s blessing, Innova-Fortuner’s price drops next month



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Jakarta

Finance Minister Sri Mulyani Indrawati said that the luxury goods sales tax (PPnBM) discount for engines with capacities greater than 1,500cc to 2,500cc will take effect from April. Thus, the price of cars in the Innova to Fortuner segments will drop that month.

Sri Mulyani said that his party is currently finalizing the Ministry of Finance (PMK) regulation that regulates the provision of PPnBM discounts for motor vehicles with engine capacities above 1,500cc to 2,500cc.

“2,500 cc is in the process of finalizing the PMK, which may come into effect from April, especially for those above 1,500 to 2,500 cc, it will be announced when the PMK is finished,” Sri Mulyani said in a March video conference. 2021. edition of the National Budget, Tuesday. (3/23/2021).

However, details about the conditions that must be met have not been disclosed. On a previous occasion, Sri Mulyani said that the TKDN was at least 70 percent.

According to the records of detikcom, the policy will cause the prices of motor vehicles of the types Innova and Fortuner to be corrected. Currently, the relaxation of PPnBM is taking place gradually, to 0% in March-May, then PPnBM to 50% in June-August and finally PPnBM to 25% in late September-November.

In the government regulation Number 41 of 2013 on luxury goods subject to tax in the form of motor vehicles subject to the sales tax of luxury goods. Fortuner and Innova are included in a 4×2 vehicle with an engine capacity of less than 2500cc subject to a 20 percent PPnBM rate. Meanwhile, the Fortuner 4×4 is subject to a 40 percent PPnBM rate.

For example, Fortuner 4×2 2.4 GM / T Diesel is currently sold for IDR 512,000,000 (OTR Jakarta), the sale value of motorized vehicles (NJKB) 4×2 2.4 GM / T Diesel is taken from Permendagri No.1 in 2021 of IDR 382,000,000 multiplied by the weight coefficient 1,050, the following is the calculation:

= (NJKB x weight coefficient) x 20% PPnBM value

= (Rp 382,000,000 x 1050) x 20%

= IDR 80,220,000

Generally, OTR prices include PPnBM. If zero percent of PPnBM is removed, what is the range of price reductions?

The OTR price is reduced in the PPnBM range

= IDR 512,000,000 – IDR 80,220,000
= IDR 431,780,000

For Innova, take the example of Innova M / T Gasoline, which currently sells for IDR 342,400,000. It is known that the sale value of the Innova 2.0 M / T diesel motor vehicles (NJKB) taken from the Permendagri No 1 of 2021 is IDR 382,000,000 and a weight coefficient of 1,050, so the following is the calculation:

= (NJKB x weight coefficient) x 20% PPnBM value

= (Rp 256,000,000 x 1,050) x 20%

= IDR 53,760,000

How much will Innova M / T’s price drop if it is subject to zero percent PPnBM?

IDR 342,400,000 – IDR 53,760,000 = 288,640,000

Watch video “KuTips: Careful Ways To Find New Cars With PPnBM Discounts
[Gambas:Video 20detik](laugh / rgr)

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