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Indonesia: VAT Exemption for Companies in the Oil and Gas Sector

Description

On 16 June 2020, Indonesia issued Minister of Finance Regulation No. No. 67/PMK.03/2020 to exempt VAT for companies in the oil and gas industry. The VAT exemption is used for activities and objects wh...

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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

16 Jul 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

sector-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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