Global Trade Alert
Global Trade Alert

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

Announcement

16 Oct 2020

In October 2020, Indonesia exempted the sales tax on luxury goods on the import of yachts to be used in the tourism sector.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

15 Dec 2020

Revocation date:

No revocation date

Updated: 16 Oct 2020
Tax or social insurance relief In force

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 on...

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Implementation date

15 Dec 2020

Revocation date:

No revocation date

Updated: 16 Oct 2020
Internal taxation of imports In force

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 use...

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