PPN (1)

dee'velop

13 May 202008:37

Summary

TLDRThe video discusses Indonesia's Value Added Tax (VAT), known as Pajak Pertambahan Nilai (PPN), which applies to transactions involving the delivery of taxable goods and/or services. It explains that PPN is due when these goods or services are delivered, with a focus on taxable goods being all items except those exempted by law. The script uses examples like food staples (which are exempt) and clarifies that VAT is calculated by multiplying the sale price by 10%. The speaker emphasizes understanding the taxable items and how the VAT payment process works for buyers and sellers.

Takeaways

📈 PPN (Value-Added Tax) is imposed on the transaction of delivering taxable goods and/or services.
📦 Taxable goods are all goods unless explicitly stated otherwise by law. Goods used for human consumption, such as basic foods (corn, rice), are generally exempt from PPN.
💼 Taxable services are all services unless explicitly exempted, such as formal education, which does not incur PPN.
🛑 PPN is payable when a transaction involving taxable goods or services occurs, with the seller required to remit the PPN to the government.
🔢 The PPN rate is 10% and is calculated based on the sales price or replacement price of the goods or services.
💡 Goods that are used for purposes other than human consumption, such as animal feed, are subject to PPN.
🎓 While formal education is exempt from PPN, non-formal training provided by taxable businesses may be subject to PPN.
💰 The buyer pays the PPN as part of the total transaction cost, and the seller remits the tax to the state.
🧾 PPN is calculated by multiplying the taxable base (price) by the 10% rate, adding the tax to the total payment amount.
⚖️ PPN can be viewed from two perspectives: from the buyer who pays the tax and from the seller who collects and remits the tax to the government.

Q & A

What is the definition of VAT (PPN) mentioned in the script?
-VAT (PPN) is defined as a tax levied on the delivery of taxable goods and/or services.
When does VAT become payable?
-VAT becomes payable when there is a transaction involving the delivery of taxable goods or services, or both.
What are taxable goods (BKP) according to the script?
-Taxable goods (BKP) include all goods, except those specifically exempted by law.
What are some examples of non-taxable goods (BKP) mentioned in the script?
-Non-taxable goods include basic foodstuffs, such as corn and rice, when used for human consumption.
How does the use of goods for purposes other than human consumption affect their VAT status?
-If goods like corn or rice are used for purposes other than human consumption (e.g., animal feed), they become subject to VAT.
What constitutes taxable services (JKP) according to the script?
-All services are taxable unless otherwise exempted by law, such as formal education.
Can you provide an example of non-taxable services?
-An example of non-taxable services is formal education, such as tuition fees for schools.
How is VAT calculated according to the script?
-VAT is calculated as 10% of the sale price or other taxable value, such as the replacement price.
What is the process for a seller and buyer regarding VAT payment?
-The buyer pays the VAT included in the purchase price, and the seller is responsible for remitting the VAT to the government.
How is the payment of VAT viewed from both the buyer’s and seller’s perspectives?
-From the buyer’s perspective, the VAT is part of the purchase price, while from the seller’s perspective, it is an obligation to remit the tax to the government.

Outlines

00:00

📊 Introduction to VAT (PPN)

This paragraph introduces the concept of VAT (PPN), which stands for Value Added Tax. It explains that VAT is applied to taxable goods and services when transactions occur. The speaker briefly mentions that VAT is due when taxable goods or services are delivered, emphasizing that all goods and services are subject to VAT unless specifically exempted by law. The speaker also touches upon examples like corn and rice, clarifying that if such items are used as basic food staples for humans, they are exempt from VAT. However, if used for non-human purposes, such as livestock feed, VAT is applicable. The importance of logical interpretation of the tax rules is highlighted, showing that exceptions are based on how goods are used.

05:02

💵 Calculating and Paying VAT

This paragraph focuses on how VAT is calculated and paid. The process is explained through the interaction between buyers and sellers: when a seller sells taxable goods, the price already includes VAT, which the buyer effectively pays. The seller is responsible for transferring the VAT amount to the government. An example is given: if a taxable item is sold for 10,000, the 10% VAT would be 1,000, bringing the total to 11,000. The paragraph further explains the formula to calculate VAT (price multiplied by the VAT rate) and emphasizes the dual perspective of VAT — from the buyer who pays the tax and the seller who remits it. The speaker concludes by mentioning that this is the basic understanding of VAT, and more details will follow in future discussions.

Mindmap

Keywords

💡PPN

PPN, or Pajak Pertambahan Nilai (Value Added Tax), is a tax levied on the sale of goods and services. It is a central concept in the video, as the speaker explains how PPN applies to various transactions involving taxable goods and services. PPN is imposed when a taxable supply of goods or services occurs, as highlighted in the script.

💡Taxable goods

Taxable goods refer to items that are subject to PPN. The video explains that all goods are taxable unless explicitly exempted by law. An example given in the video is staple food items like rice or corn, which are generally exempt unless used for non-human consumption, such as animal feed.

💡Taxable services

Taxable services are services that are subject to PPN. The video states that all services are taxable unless otherwise exempted by law. For example, formal education services are not subject to PPN, while training services provided by a taxable entrepreneur are liable for PPN.

💡Exemptions

Exemptions refer to certain goods or services that are not subject to PPN as specified by law. In the video, the speaker emphasizes that while most goods and services are taxable, some exceptions exist, such as staple foods and certain educational services. Understanding these exemptions is key to determining when PPN is applicable.

💡Taxable entrepreneur

A taxable entrepreneur is a business or individual registered to collect and remit PPN on taxable goods and services. In the video, the speaker refers to this term when explaining that if a business providing training is classified as a taxable entrepreneur, they are required to charge PPN on their services.

💡Transaction

A transaction refers to the exchange of goods or services, which can trigger the imposition of PPN. The speaker discusses how PPN is levied on transactions involving the sale of taxable goods or services, and that the tax becomes payable at the point of sale.

💡PPN liability

PPN liability refers to the obligation to pay PPN once a taxable transaction has occurred. The video describes how PPN is calculated and paid by the buyer, but it is the seller's responsibility to remit the collected PPN to the government. For example, if a taxable good is sold for 10,000 IDR, 1,000 IDR of PPN is added, making the total payment 11,000 IDR.

💡PPN rate

The PPN rate is the percentage applied to the sale price of taxable goods or services to calculate the amount of PPN owed. In the video, the speaker provides an example where a 10% PPN rate is applied to a 10,000 IDR transaction, resulting in 1,000 IDR in PPN.

💡Input and output tax

Input and output tax refer to the PPN collected and paid in business transactions. The video implies that businesses charge PPN on their sales (output tax) and pay PPN on their purchases (input tax). They later remit the difference between the output tax and input tax to the government.

💡PPN remittance

PPN remittance is the process by which businesses transfer the PPN they have collected to the government. The speaker describes this responsibility, noting that after collecting PPN from buyers, the seller must remit the tax to the state, emphasizing the role of businesses as intermediaries in the PPN system.

Highlights

PPN (VAT) is a tax applied to transactions involving taxable goods and/or services.

PPN is owed whenever a taxable good or service is delivered.

Taxable goods are defined as all goods unless exempted by law.

Exemptions include goods like staple foods (e.g., rice, wheat) used for public consumption.

When goods like rice or corn are used as animal feed, they become subject to PPN.

PPN is payable when the delivery of taxable goods/services occurs.

Taxable services include all services unless stated otherwise by law.

Formal education is exempt from PPN, but professional training may be subject to PPN.

The buyer ultimately pays the PPN, which is collected by the seller and submitted to the state.

The PPN rate is 10%, applied to the sale price or replacement value of the item.

If the sale price of a taxable good is Rp10,000, then 10% PPN results in a total cost of Rp11,000.

PPN is viewed from both the buyer’s and the seller’s perspectives in the transaction.

The seller is responsible for submitting the PPN collected from the buyer to the state treasury.

Certain transactions, such as the sale of staple food items, may not be subject to PPN.

Understanding what qualifies as taxable under PPN requires logical interpretation of the law.