Global Trade Alert
Global Trade Alert

Indonesia: Reduced VAT on luxury goods for the importation of luxury cars

Announcement

13 Oct 2021

In October 2021, Indonesia reduced VAT on luxury goods for the importation of luxury cars.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

16 Oct 2021

Revocation date:

No revocation date

Updated: 13 Oct 2021
Internal taxation of imports In force

On 13 October 2021, Indonesia issued the Ministry of Finance Regulation No.141/PMK.010/2021 reducing VAT on luxury goods (PPNBM) from 125% (see related Act) to between 20% - 95% depending on the ty...

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