Sri Mulyani Announces 2021 Tobacco Excise Tax Increase of 12.5 Percent
Translator
Ricky Mohammad Nugraha
Editor
Petir Garda Bhwana
Kamis, 10 Desember 2020 13:37 WIB
TEMPO.CO Jakarta Finance Minister Sri Mulyani tobacco
“This policy is the tariff excise for tobacco yields and we need to raise them in 2021 due to the ongoing COVID-19 pandemic,” said Sri Mulyani in the virtual press conference on December 10.
This increases the tax for the production of ‘type 1 machined white cigarettes’ by 18.4 percent while type 2a will see 16.5 percent increase, and the 2b type up to 18.1 percent. Added with increases in other categories, the average increase for 2021 is 12.5 percent.
Meanwhile, the traditional 'kretek' cigarettes will not see tax increases as Sri Mulyani
Also Read: Sri Mulyani on Covid-19 Vaccine: This is Our Game Changer
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