Investor Presentaiton
Customs and Excise Revenue Contraction
Impact of Global Commodity Price Decline and Tax Control Policies Amid Sustained Domestic Economic Activity
IMPORT DUTY
IDR 47.6T
100.1%
of Budget
89.6%
Gov't Reg
75/2023
IDR Trillion
EXPORT DUTY
IDR 12.3T
120.5%
of Budget
62.2%
Gov't Reg
75/2023
IDR Trillion
86.6%
EXCISE
IDR 196.7T
80.1%
of Budget
Gov't Reg
75/2023
IDR Trillion
Tobacco Product Excise (CHT)
IDR188.9T (81.2% of
Budget/86.4% of Revised Budget)
5.0
22.6
15.6
8.8
0.0 -0.7
3.3
7.9
4.6 3.8 3.0 1.7 1.8 0.1 -0.1
-68.1-69.0-71.7-71.7-67.5
-77.0
-81.3-80.3-78.1-74.4
-69.8-68.5
-5.2
-5.8 -5.4 -4.3 -4.5 -3.7
-8.9
-12.4-12.7
0.5
0.2
23.9
17.6
4.4
4.5
4.4
4.1 3.8
3.5 4.6 3.8 4.2
4.5
4.0
17.1
18.4
18.0 18.4 16.7
1.2
1.0 1.1
8.3
13.0
12.3
15.6
7.3
1.0
0.9
4.5
3.3 3.5
4.0 3.6 4.2 4.2 4.6 4.3 4.4 5.1 1.7
1.8
1.3
24.7
26.4
8.7
3.6
4.1 3.8 1.0
2.0
20.7
2.9
3.2
1.6
17.5
8.9
18.4 17.5 17.9
2.4
13.4
14.4
12.5
1.3
0.8 0.9 88
7.8
5.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov 12th
Dec
2022
2023
Accumulated Growth (%)
2022
12023
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov 12th
Dec
Accumulated Growth (%)
Jan Feb Mar Apr May Jun
2022
2023
Jul Aug Sep Oct Nov 12th
Dec
Accumulated Growth (%)
Customs revenue until December 12 decreased
by 0.1% (YoY) due to a decline in import values
(-7.8% until October 2023), offset by a rise in
Free Trade Agreement (FTA) utilization (34%
compared to the previous year's 33.6%).
The Directorate General of Customs and Excise
(DJBC) improved import services, including
postal items, e-cd, Rush Handling, and services
for Indonesian Migrant Workers. Enhanced
supervision was also implemented on the East
Coast and main ports.
Source: Ministry of Finance
Export tax revenue until December 12, 2023,
dropped by -68.5% (YoY) due to declining palm oil
(-81.3% YoY), copper (-0.3% YoY), and bauxite
(-89.0% YoY) export taxes. Mineral export policy
relaxation added IDR 3.26 trillion in exit duties,
aligning with downstreaming policies. Export
services improved via clinics, sampling
standardization, and reduced logistics costs
through multimodal NLE.
CHT revenue until December 12 fell by -3.7%
(YoY) due to policies balancing consumption
control, sustaining employment, and
monitoring illegal cigarettes. Production
declined by -1.8%, aligning with consumption
control targets (-1.3% effective rates).
Estimated employment absorption increased by
15,683 people (DJBC 2022 survey). Confiscated
tobacco-related products saw a 26% (YoY) rise.
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