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Indonesia: Government exempted VAT and luxury tax on the importation of four-wheel electric vehicles for the year 2024

Description

On 15 February 2024, the Minister of Finance of Indonesia issued Regulation No.9/2024, exempting the sales tax on luxury goods (PPNMB) on the importation of four-wheel electric vehicles (EVs). The VAT...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

01 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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