Friday, September 20, 2013

Luxurious Tax on Certain Products (Products Imposed with 75% Luxury Tax) Part VI

Lastly, there are 8 HS codes which are inclusive into most luxurious goods which include yacht, cruise ship and gem. Total of 284 HS Codes are listed and imposed with vary luxury tax, all this efforts were made by the government to stabilize the Balance of Trade.


No.

Luxury Good Description

Harmonized System (HS) Code

Tax Tariff

A.








B.
























b1.













b2.

A group of stuffs, that partly or as a whole made from precious stone and/or pearls or a mixture.
Natural pearl, cultivate pearl, gemstone or natural semi-precious stone.
*      Natural pearl or cultivate pearl
*      Gemstone or natural semi-precious stone

A luxury cruise ship group

A cruise ship, excursion boats and such water vehicle, especially those design for public transport, all kind of ferry.
*      Gross tonnage is not more than 26 ton.
*      Gross tonnage is more than 26 ton but not more than 500 ton.
*      Gross tonnage is more than 500 ton but not more than 4.000 ton
*      Gross tonnage is more than 4.000 ton but not more than 5.000 ton
*      Gross tonnage is over 5.000 ton

A yacht and other water vehicle, other than those specified in the attachment III and IV, for sport or vacation purpose.






7116.10.00.00
7116.20.00.00







8901.10.10.00

8901.10.20.00

8901.10.30.00

8901.10.50.00


8901.10.60.00

8903.99.00.00








75%
75%







75%

75%

75%

75%


75%

75%


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