1.      Masterlist is a facility provided by the Ministry of Investment (BKPM) for production importers (API-P) to obtain duty exemption. This facility is limited to machinery used by the factory itself.

2.      Please note when applying for this Masterlist:

a.      The production machine must be used for its own industrial needs;

b.      After approval from the Masterlist, all registered machines must be imported within 2 years, because this Masterlist is valid for 2 years;

c.      Bulk imports are allowed;

d.      After importing, the company must submit a realization report to the Ministry of Investment. The realization report is a report that tells the information of a specific batch of machines that have been imported and exempted from customs duties;

e.      After the validity period, the company cannot continue to import and needs to reapply;

f.       Once the Masterlist is applied for, the relevant information of the machine cannot be changed or added

3.      Restrictions on imported machinery:

a.      The machine has not yet been produced in Indonesia;

b.      Although it has been produced in Indonesia, it has not yet met the required specifications;

c.      It has been produced in Indonesia, but the quantity has not yet met the demand

4.      After completing the application for the Masterlist, the company can apply for a VAT exemption approval letter (SKB PPN).

5.      SKB PPN is an approval letter for VAT exemption for imported machinery (corresponding to this Masterlist).

6.      While applying for SKB PPN, the company can import relevant machinery (provided that the Masterlist has been approved).

7.      After completing the application for SKB PPN and importing machinery, the company must submit a realization report to the customs.

8.      SKB PPN takes effect from the date of issuance and has the same validity period as the Masterlist.

9.      The quantity, brand, name and other technical information of the imported machinery must be consistent with the actual imported machinery. If there is a difference, the machinery will be detained by the customs. In order to retrieve these machines, it is necessary to pay relevant fees in accordance with the current regulations.

10.    Even without a Masterlist and SKB PPN, the company can still apply for SKB PPH Impor.

11.    The Import Income Tax Exemption Approval Letter (SKB PPH Impor) is a document issued by the Tax Bureau stating that the company can enjoy the facility of import income tax exemption.

12.    The following conditions must be met to apply for SKB PPH Impor:

a.      Import income tax calculation sheet;

b.      Company financial statements, which list the profits and losses in the past year (if the company is newly established, the company’s financial statements can be in the form of estimates).

If the above conditions are not met, the application for SKB PPH Impor will be rejected.

13.    The validity period of SKB PPH Impor starts from its issuance date until the end of the year.