Customs and Excise Reveals Why Finance Minister Unsealed Tiffany & Co. Stores

The Directorate General of Customs and Excise (DJBC) at the Ministry of Finance has spoken out regarding the removal of seals from Tiffany & Co. jewellery stores. As is known, three Tiffany & Co. stores were previously sealed by the DJBC in connection with alleged administrative violations concerning the import duties on jewellery imports. The three stores of the renowned jewellery brand were finally reopened by Finance Minister Purbaya Yudhi Sadewa yesterday, Monday (8/6/2026). The removal of the seals was carried out after Tiffany & Co. committed to settling the administrative fine with Customs. “That is why they resumed business operations yesterday. Because the Minister is very supportive of entrepreneurs who wish to conduct business in a compliant manner,” said Nirwala Dwi Heryanto, Director of Communication and User Guidance for Customs, when met at the DJBC Head Office on Tuesday (9/6/2026). Nirwala also stated that an audit regarding the closure of Tiffany & Co. has been conducted, with the customs and excise bill due for payment at the end of this month. The DJBC has issued a customs bill to Tiffany & Co. plus a fine following an examination related to alleged administrative violations concerning imported goods. Director General of Customs and Excise Djaka Budhi Utama said the jewellery store has been issued a Customs Assessment with a value of Rp97.49 billion. The largest component is a fine of Rp78.50 billion, with the remainder comprising import duties, import VAT, and import income tax Article 22. “The audit by the Jakarta Customs Regional Office has been completed. A Customs Assessment of Rp97.49 billion has been issued, with a fine component of Rp78.50 billion,” said Djaka at the Ministry of Finance Head Office in Jakarta on Friday (5/6/2026). Purbaya revealed that Tiffany & Co. has expressed its willingness to meet these obligations, including the fulfilment of administrative sanctions. “The party concerned has committed to complying with all applicable laws and regulations,” said Purbaya. However, the fate of another sealed gold store, Toko Perhiasan Bening, also closed by the DJBC, remains uncertain regarding whether it will also be audited. “Well, I have not received an update on that yet. We will correct it later. We will inform you later,” said Nirwala.