JAKARTA, NNC - Vape will now be subject to a 57 percent excise by the Customs Directorate General of the Finance Ministry beginning July 1 2018.
The policy is stated in the Minister of Finance Regulation PMK-146/PMK.010/2017 on Tabacco Excise Rate.
Excise on tabacco products includes, e-cigarette, vape, tabacco molasses, snuffing tabacco, and chewing tabacco..
"The excise rate is 57 percent and effective starting July 1 2018," Excise Rate and DJBC Basic Price Subdirectorate Chief Sunaryo said in Jakarta on Wednesday, June 20.
Based on the agreement with entrepreneurs joined in the vape association, 8 vapes varieties are set throughout Indonesia, from the lowest price of Rp 10,000 - Rp 120,000 at the highest.
Its divided into 2 categories, Premium quality vape (A) and non-premium (B) in comes in four sizes, 15ml Premium (Rp 18,000), 30ml (Rp 35,000), 60ml (Rp 70,000) and 100ml (Rp 120,000).
Meanwhile, non-premium quality comes in 15m (Rp 10,000), 30ml (Rp 20,000), 60ml (Rp 40,000) and 100ml (Rp 80,000).