12% VAT on This Specific Type of Rice: What You Need to Know

12% VAT on This Specific Type of Rice: What You Need to Know

IndonesiaS Rice⁣ Remains Exempt ⁤from VAT Hike indonesia’s planned increase in Value ‌Added Tax (VAT) from 11% to 12%, effective next year,⁤ will not impact the price of domestically produced rice, according to the National Food Agency (NFA). The NFA head,Arief Prasetyo Adi,clarified that the VAT increase will⁢ only ⁤apply to imported rice,particularly premium varieties … Read more