This ruling is issued pursuant to the authority granted under Section 84 of the Tax Administration Act (Law Number 3/2010) as amended by Law Number 14/2011. Unless otherwise stated, all references to the Act are to the Goods and Services Tax Act (Law Number 10/2011) as amended, and all references to the Regulation are to the Goods and Services Tax Regulation (Regulation Number 2011/R-43) as amended. This ruling is legally binding.

Introduction

1. This ruling amends section 25(a) of the Regulation.

Ruling

2. Amend section 25(a) of the Regulation as follows:

(a) The value of supply of goods and services supplied to related parties or for the supplier’s own consumption shall be such amount as, with the addition of the tax charged, is equal to the open market value of the good or service.

Date of Effect

3. This ruling shall have effect from 1 August 2015.