Announcement
04 Jan 2017
On 4 January 2017, the Indonesian Ministry of Finance issued regulation 256/PMK.04/2016 on import duty exemption for sports goods, amending the previous regulation 104/PMK.04/2007 on this topic. This measure contains only a liberalising import tariff intervention. It is not classified as a harmful tax relief to subsidise local production as the import duty exemption is directed at national sports institutions and thereby not at commercial entities.
Source
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
04 Feb 2017
Revocation date:
No revocation date
The amendment offers a wider scope of import duty exemption for national sports organisations, in particular for training centres run by the corresponding organisation. According to the preamble, t...
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