The purpose of this study is to determine the application and reporting of Value Added Tax (VAT) at PT. Lotte Chemical Titan Nusantara and how the tax financing process is. This research uses data analysis technique which applies descriptive analysis method that is researcher reveal, explain, and give description problem about counting, recording, deposit and reporting on sale and purchasing merchandise at PT. Lotte Chemical Titan Nusantara. The results of this research can be concluded that the application of VAT has almost been in accordance with applicable law. Both in terms of calculation, depositing and reporting although there are still some obstacles such as delay in reporting VAT.