On 31 December 2024, the Minister of Finance (MoF) issued Regulation No. 131 of 2024 (PMK-131) which went into effect on 1 January 2025, and outlines how VAT should be treated in Indonesia. With respect to the implementation of PMK-131, the Director General of Taxation (DGT) also issued technical guidance on VAT invoice preparation, i.e. PER 1 of 2025 (PER-1) which went into effect on 3 January 2025.
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