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

Description

On 16 June 2020, Indonesia exempted VAT on the purchases of domestic taxable goods and/or services intended for the operational purposes in the oil and gas industry following the issuance of the Minis...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Jul 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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