I’d like to inform you that start this March 2015 ITQ will pay all VAT invoice from Nagase in Rupiah and I already discuss with Miss Indah regarding this payment.
Maybe with this payment system ITQ could reduce Foreign Exchange Loss every month, here’s our payment detail on 6 March 2015 to Nagase :
1. Payment Chemical delivery Nov 2014 in amount US$ 533,765.27 and VAT Rp. 648.206.994
2. Payment Scrim delivery Nov 2014 in amount US$ 22,925.22 and VAT Rp. 27.804.582
3. Payment Swallow delivery Nov 2014 in amount Rp. 3.513.125
Thank you very much for your cooperation.