Government Raises Import Duty Revenue Target to Rp 35 Trillion in 2022

The government targets a 6% increase in state revenue from import duties on international trade to Rp 35.16 trillion next year. This target is set in the 2022 State Revenue and Expenditure Budget (APBN) draft.

Meanwhile, revenue from export duties on international trade is targeted to decrease to only Rp 5.9 trillion, compared to the 2021 outlook of Rp 18 trillion.

In total, the government targets Rp 41.08 trillion in revenue from import and export duties on international trade in 2022, according to the draft APBN. This figure is a 19.7% decrease from the previous year's outlook of Rp 51.17 trillion.

Meanwhile, the government targets state revenue of Rp 1.85 quadrillion in 2022. This comprises Rp 1.51 quadrillion from tax revenue and Rp 335.56 trillion from non-tax revenue.

The government is increasing the target for import duty revenue from international trade to reduce potential state losses from smuggling. The Directorate General of Customs and Excise (DJBC) of the Ministry of Finance successfully prevented potential state losses of Rp 906.15 billion from smuggling activities.

Throughout 2021, the DJBC prevented 321 smuggling attempts with an estimated value of Rp 3.56 trillion.