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

Description

On 16 October 2020, through the issuance of Indonesia Government Regulation No. 61/2020, Indonesia exempted the sales tax on luxury goods (PPNBM) on the import of yachts. The PPNBM exemption was only ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Dec 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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Affected Products

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