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Indonesia: Government exempted import duties and luxury tax on completely knocked down electric vehicles

Description

On 29 December 2023, the Minister of Investment of Indonesia issued Regulation No.6/2023 establishing local content incentives for importers of CKD (Completely Knocked Down) electric vehicles (EVs) in...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

13 Jan 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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