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Indonesia: Government removed the import duties and luxury tax exemptions on certain completely knocked down electric vehicles

Description

On 12 November 2024, the Minister of Investment of Indonesia issued Regulation No.1/2024, removing the sales tax on luxury goods (PPNMB) exemption on the importation of CKD (Completely Knocked Down) e...

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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

29 Nov 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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