52 export firms deny special status facility
52 export firms deny special status facility
JAKARTA (JP): Fifty-two export-related companies or 14 percent
of the 450 companies applying for a special status facility from
the government had failed to obtain approval from the related
agencies, according to the industry and trade ministry.
As of last October, the Directorate General of Tax had
rejected 16 companies; the central bank, Bank Indonesia, had
rejected 23 firms; and the Agency for the Facilitation of Export
Activities (Bapeksta) had rejected 13, the ministry said
yesterday.
The companies awarded the facility -- exporter with special
status (PET) -- receive tax incentives from the government. The
application for the facility must be approved by several
governmental agencies.
Antara reported that the tax directorate general rejected the
requests of 14 companies in the textile industry, one in the
leather industry and another one in the education and sports
industry.
The news agency said the reasons for rejecting the
applications were not disclosed.
The central bank refused 22 textile industry firms and one in
the leather industry.
Bapeksta rejected the applications of seven textile companies,
five leather companies, one electronic company.
As of October, nine textile companies and two leather
companies were still waiting for approvals from the central bank
and Customs and Excise.
The ministry said one company was still waiting for approval
from the tax directorate general, BI and Bapeksta.
Five companies were awaiting approvals as they still lacked
the required data, it said.
To obtain a PET facility a firm must have a clear and accurate
office or factory address and have paid their taxes.
The companies must not have tax problems and must have filed
their tax returns in at least two consecutive years. They must
not have had problems with customs, or with loans.
The ministry said the 387 companies which had been granted the
status included 279 textile companies, 75 leather producers, and
12 electronic companies. (das)