Due to Coal Business Losses, Purbaya Limits Accelerated Restitution to Rp1 Billion

Jakarta, CNBC Indonesia - Finance Minister Purbaya Yudhi Sadewa has revealed the reasoning behind his decision to tighten accelerated restitution through Ministerial Regulation on Finance (PMK) No. 28 of 2026. One of the main policies in the PMK is outlined in Article 9, which reduces the maximum accelerated restitution limit for certain taxable entrepreneurs (PKP) to Rp1 billion, from the previous Rp5 billion under PMK 209/2021. “This is just to control it so that the restitutions are issued more orderly,” Purbaya said at his office in Jakarta on Monday, 4 May 2026. Purbaya explained that one of the issues with the restitution policy he found before taking office on 8 September 2025 was that state revenue from the value-added tax (VAT) side was not optimal due to uncontrolled restitutions. He noted that VAT restitutions from the coal business sector even reached Rp25 trillion last year, without any basis of information from his subordinates. “So the restitutions are under investigative audit from 2016 to 2025 by BPKP. I asked for a proper audit so we don’t get caught off guard. Especially for the coal industry, I covered Rp25 trillion in VAT restitutions, net. So I paid, but the calculations were not right,” Purbaya stressed.