Announcement
31 Dec 2019
In December 2019, the Ministry of Finance of Indonesia exempted import duties, VAT, and the Sales Tax on Luxury Goods (PPNBM) on products used by geothermal companies.
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Number of interventions
6
3 certainly harmful
0 likely harmful
3 liberalising
List of interventions
Implementation date
31 Dec 2019
Revocation date:
No revocation date
Updated: 31 Dec 2019
Tax or social insurance relief
In force
On 31 December 2019, the Ministry of Finance of Indonesia issued Regulation No.218/PMK.04/2019, granting a tax concession to geothermal companies in the form of the Sales Tax on Luxury Goods (PPNBM...
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Updated: 31 Dec 2019
Tax or social insurance relief
In force
On 31 December 2019, the Ministry of Finance of Indonesia issued Regulation No.218/PMK.04/2019, granting a tax concession to geothermal companies in the form of VAT exemption on the importation of ...
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Updated: 31 Dec 2019
Tax or social insurance relief
In force
On 31 December 2019, the Ministry of Finance of Indonesia issued Regulation No.218/PMK.04/2019, granting a tax concession to geothermal companies in the form of import tax exemption on wells, ...
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Implementation date
31 Dec 2019
Revocation date:
No revocation date
Updated: 31 Dec 2019
Internal taxation of imports
In force
On 31 December 2019, the Ministry of Finance of Indonesia issued Regulation No.218/PMK.04/2019, exempting the Sales Tax on Luxury Goods (PPNBM) on the importation of products used by geothermal com...
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Updated: 31 Dec 2019
Internal taxation of imports
In force
On 31 December 2019, the Ministry of Finance of Indonesia issued Regulation No.218/PMK.04/2019, exempting VAT on the importation of products used by geothermal companies. The approved PPNBM exempti...
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Updated: 31 Dec 2019
Import tariff
In force
On 31 December 2019, the Ministry of Finance of Indonesia issued Regulation No.218/PMK.04/2019, exempting import duties on products used by geothermal companies. The approved PPNBM exemption only a...
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