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Indonesia: Exempted the sales tax on luxury goods on the import of yachts

Description

On 16 October 2020, Indonesia issued Government Regulation No. 61/2020 to exempt the sales tax on luxury goods (PPNBM) on the import of yachts. This aimed to increase the import of yachts to be used f...

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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

15 Dec 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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