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IN EN

Increase in VAT Rates Based on the HPP Law

Dear Customer,

We hereby inform that the Government of Indonesia has officially increased the rate of Value Added Tax (VAT) in stages based on Law Number 7 Year 2021 concerning Harmonization of Tax Regulations (UU HPP) Chapter IV Value Added Tax (PPN), Article 7 Paragraph 1, with the following details:

UU HPP
VAT Rate Effective date
11% Starting April 1, 2022
12% No later than January 1, 2025

In relation to the above, effective as of April 1, 2022, Bank SBI Indonesia will begin to apply and take into account the change in the VAT rate.
Thus we convey this announcement, Thank you for your attention and cooperation.

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Gedung Graha Mandiri Lantai 11, 15 & 24 
Jl.Imam Bonjol No.61.
Jakarta Pusat 10310 - INDONESIA 
Email : birdireksi@sbiindo.com 
Tel : +6221.39838747 (hunting)
Fax : +6221.39838750
+6221.39838751 - 39833778

Thank you! Your submission has been received!
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08001724636
02139838747

0213859952

You are visitor number :

2130037

For More Information Please Contact 
Gedung Graha Mandiri Lantai 11, 15 & 24 
Jl.Imam Bonjol No.61.
Jakarta Pusat 10310 - INDONESIA 
Email : birdireksi@sbiindo.com 
Tel : +6221.39838747 (hunting)
Fax : +6221.39838750
+6221.39838751 - 39833778