On 31 March 2022, Indonesia’s Directorate General of Taxation (DGT) issued Regulation Number PER-03/PJ/2022 (PER-03). PER-03, which entered into effect on 1 April 2022 and is intended to simplify the regulation of VAT invoices as well as to synchronize the rules with the changes to the VAT law introduced by Law Number 11 of 2020 (Omnibus Law), its implementing regulations (Government Regulation Number 9 of 2021 (PP-9) and Minister of Finance (MoF) Regulation Number 18/PMK.03/2021 (PMK-18)), and Law Number 7 of 2021 (Law on Harmonization of Tax Regulations (UU HPP)).
Source Deloitte
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