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 legislative references are to the Goods and Services Tax Regulation (Regulation Number 2011/R-43) as amended by Tax Ruling Number 220-PR/TR/2011/8 and TR-2012/G4. This ruling is legally binding.

Introduction

1. This ruling amends section 35.

Ruling

2. Amend the stem of section 35 as follows:

For the purpose of Section 20(j) of the Act, financial services refer to the following services supplied by a State institution or with the authorization of the relevant State institution:

Date of Effect

3. This ruling shall take effect from 1 October 2011.