Banks providing cheques and/or giro fund transfer forms under certain conditions are now able to self-affix acquittance stamp of stamp duty underpayment on tax payment slips (Surat Setoran Pajak/SSP).

The provisions on self-affixture of acquittance stamp of stamp duty underpayment are outlined in the Director General of Taxes Regulation No. PER-11/PJ/2021 concerning Amendments to the Director General of Taxes Regulation No. PER-01/PJ/2021 concerning Procedures for the Settlement of Underpayment of Stamp Duty Payable on Documents in the Form of Cheques and Giro Fund Transfer Forms (PER-11/2021).

These amendments are intended to facilitate the settlement process of underpayment of stamp duty payable on documents in the form of cheques and giro fund transfer forms. Under the former provisions, the acquittance stamp of stamp duty underpayment could only be affixed by the Head of the Tax Office (Kantor Pelayanan Pajak/KPP) through the Head of the Section of Tax Service.

In further detail, banks providing cheques and/or giro fund transfer forms may affix acquittance stamp of stamp duty underpayment on their own if two conditions are met. First, the stamp duty underpayment is settled by the provider bank. Second, the provider bank has obtained a permit to affix the acquittance stamp of stamp duty underpayment.

To obtain a permit to affix the acquittance stamp of stamp duty underpayment, the provider bank must apply to the Tax Office where the provider bank is administered. The application is prepared using the sample format listed in Appendix A of PER-11/2021.

Further, the application must be attached with the following three documents:

i.	a list of cheques and/or giro fund transfer forms on which the acquittance stamp of stamp duty underpayment shall be self-affixed;
ii.	data of the official of the provider bank’s official appointed to self-affix the acquittance stamp of stamp duty underpayment; and
iii.	Tax Payment Slip (Surat Setoran Pajak/SSP) which has obtained a State Revenue Transaction Number (Nomor Transaksi Penerimaan Negara/NTPN).

Next, the Head of KPP through the Head of the Section of Tax Service must ensure four things. First, the accuracy of the SSP that has received NTPN. Second, the conformity of the payment value in the SSP that has received the NTPN with the stamp duty underpayment that must be settled. Third, the conformity of the information on the SSP with the cheques and/or giro fund transfer forms for which the acquittance stamp of stamp duty underpayment is requested. Fourth, the conformity of the tax account code and deposit type code.

Insofar as all of these conditions are met, the Head of the KPP through the Head of the Section of Tax Service shall issue a permit to affix the acquittance stamp of stamp duty underpayment in a maximum of three working days since the application letter is received in full.

In the event that a provider bank has obtained a permit, the provider bank official shall affix the acquittance stamp of stamp duty underpayment on the face of the cheques and/or giro fund transfer forms. The acquittance stamp of stamp duty underpayment shall be prepared as per the sample format in Appendix C of PER-11/2021. In addition, the provider bank official also needs to affix his signature, full name, and stamp of the provider bank on the back of the cheques and/or giro fund transfer forms.

On another note, cheques or giro fund transfer forms constitute documents subject to stamp duty at a rate of IDR10,000. Stamp duty on cheques or giro fund transfer forms is payable to the party issuing the cheques and/or giro fund transfer forms.

Banks providing or carrying cheques/giro fund transfer forms, however, may also pay the stamp duty payable on cheques or giro fund transfer forms. In the event of an underpayment of the stamp duty settlement, the difference can be repaid using a digital stamp printing machine or SSP.

Affixture of the Acquittance Stamp of Stamp Duty Underpayment on Cheques and/or Giro Fund Transfer Forms