Global Trade Alert
Global Trade Alert

Indonesia: Government exempted import duties and luxury tax on completely knocked down electric vehicles

Announcement

29 Dec 2023

In December 2023, the government of Indonesia exempted import duties and sales tax on luxury goods (PPNBM) on Completely Knocked Down (CKD) electric vehicles (EVs).

Source

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Number of interventions

4

2 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

13 Jan 2024

Revocation date:

31 Dec 2025

Updated: 29 Dec 2023
Local content incentive

On 29 December 2023, the Minister of Investment of Indonesia issued Regulation No.6/2023 establishing local content incentives for importers of CKD (Completely Knocked Down) electric vehicles (EVs)...

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Updated: 29 Dec 2023
Local operations incentive

On 29 December 2023, the Minister of Investment of Indonesia issued Regulation No.6/2023 establishing local operation incentives for importers of CKD (Completely Knocked Down) electric vehicles (EV...

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Implementation date

13 Jan 2024

Revocation date:

31 Dec 2025

Updated: 29 Dec 2023
Import tariff

On 29 December 2023, the Minister of Investment of Indonesia issued Regulation No.6/2023 exempting import tariffs on CKD (Completely Knocked Down) electric vehicles (EVs). The import duty was reduc...

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Updated: 29 Dec 2023
Internal taxation of imports

On 29 December 2023, the Minister of Investment of Indonesia issued Regulation No.6/2023 exempting the importation of CKD (Completely Knocked Down) electric vehicles (EVs) from sales tax on luxury ...

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