VAT on Gold in Indonesia
Gold bars of 99.99% purity are sold without VAT. Jewellery carries a special VAT of 1.65% of the selling price from manufacturers, or 1.1% from traders that hold purchase tax invoices. Today 10 grams of 24K gold cost Rp 22,622,553 at the world price, with no tax on investment bars and coins.
Rules checked 26 October 2026 · Prices Oct 30, 2026, 21:55 UTC · Not tax advice
Gold in Indonesia today, with tax
IDR · Oct 30, 2026, 21:55 UTC| Weight | World price, 24K gold | Bar or coin, with tax and duty | 18K jewellery metal, with tax |
|---|---|---|---|
| 1 gram | Rp 2,262,255 | Rp 2,262,255 | Rp 1,724,687 |
| 5 grams | Rp 11,311,277 | Rp 11,311,277 | Rp 8,623,435 |
| 10 grams | Rp 22,622,553 | Rp 22,622,553 | Rp 17,246,869 |
| 25 grams | Rp 56,556,383 | Rp 56,556,383 | Rp 43,117,173 |
| 100 grams | Rp 226,225,534 | Rp 226,225,534 | Rp 172,468,691 |
The rules in Indonesia
| What you buy | Tax | Details |
|---|---|---|
| Bars and bullion coins | 0% | Gold bars of 99.99% purity are sold without VAT. PPN is 'not collected' under Government Regulation 49/2022, unless the gold goes into state reserves. Since 1 Aug 2025, consumer purchases are not subject to PPh 22 (PMK 51/2025 and 52/2025). |
| Jewellery | 1.65% | Jewellery carries a special VAT of 1.65% of the selling price from manufacturers, or 1.1% from traders that hold purchase tax invoices. Charged on: full selling price. |
| Import duty | 0% | No import duty is assumed in the local price. Antam (Logam Mulia) prices follow spot and the rupiah plus a premium. |
| Tourist refund | No | Indonesia has a VAT refund for foreign tourists at participating stores, but it is unclear whether jewellery taxed at the special 1.1-1.65% rate qualifies. |
Compared with nearby countries
| Country | Bars and coins | Jewellery | Import duty |
|---|---|---|---|
| Indonesia | 0% | 1.65% | none |
| China | 0% | 18.9% | none |
| Hong Kong | 0% | 0% | none |
| Japan | 10% | 10% | none |
| South Korea | 10% | 10% | none |
| Singapore | 0% | 9% | none |
| Malaysia | 0% | 0% | none |
| Thailand | 0% | 0% on the gold | none |
| Vietnam | 0% | 0% on the gold | none |
| Philippines | 12% | 12% | none |
VAT on Gold in Indonesia: FAQ
Is there VAT on gold in Indonesia?
Gold bars of 99.99% purity are sold without VAT. Jewellery carries a special VAT of 1.65% of the selling price from manufacturers, or 1.1% from traders that hold purchase tax invoices.
Do you pay VAT on gold bars and coins in Indonesia?
Gold bars of 99.99% purity are sold without VAT. PPN is 'not collected' under Government Regulation 49/2022, unless the gold goes into state reserves. Since 1 Aug 2025, consumer purchases are not subject to PPh 22 (PMK 51/2025 and 52/2025).
Is there import duty on gold in Indonesia?
No import duty is assumed in the local price. Antam (Logam Mulia) prices follow spot and the rupiah plus a premium.
Can tourists claim back the VAT on gold in Indonesia?
No. Indonesia has a VAT refund for foreign tourists at participating stores, but it is unclear whether jewellery taxed at the special 1.1-1.65% rate qualifies.
Why is the gold price in Indonesia different from the world price?
Antam's Logam Mulia selling price carries a premium over converted spot that is highest per gram on small bars; its buyback price is lower.
Sources (3)
Related
General information on the tax a private buyer pays, checked 26 October 2026. Rules change; check with the seller, the tax authority or an adviser. Not tax advice.