Guidelines for Input-Tax Crediting Calculations Updated

In an attempt to improve convenience and legal certainty in relation to the crediting of Value-added tax (Pajak Pertambahan Nilai– “ PPN ”), as payable by taxable entrepreneurs for the obtaining and/or utilization of taxable goods and/or services deriving from customs-and-excise areas (“ Input Tax ”) [1] , the Minister of Finance (“ Minister ”) has introduced new guidelines on crediting Input Tax for taxable entrepreneurs (“ Guidelines ”) through the issuance of Regulation No. 186/PMK.03/2022 on Guidelines for Input-Tax Credit for Taxable Entrepreneurs Who Carry Out Deliveries of Payable and Non-Payable Taxes (“ Regulation 186/2022 ”).