Announcement
16 Jun 2020
In June 2020, Indonesia introduced the VAT exemption to companies in the oil and gas sector.
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Number of interventions
2
1 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
16 Jul 2020
Revocation date:
No revocation date
Updated: 16 Jun 2020
Tax or social insurance relief
In force
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&nb...
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Implementation date
16 Jul 2020
Revocation date:
No revocation date
Updated: 16 Jun 2020
Internal taxation of imports
In force
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 ob...
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