Global Trade Alert
Global Trade Alert

Indonesia: Government exempted VAT and luxury tax on the importation of four-wheel electric vehicles for the year 2024

Announcement

15 Feb 2024

In February 2024, the Minister of Finance of Indonesia exempted VAT and luxury tax on the importation of four-wheel electric vehicles for the year 2024.

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

01 Jan 2024

Revocation date:

31 Dec 2025

Updated: 15 Feb 2024
Internal taxation of imports

On 15 February 2024, the Minister of Finance of Indonesia issued Regulation No.9/2024, exempting the sales tax on luxury goods (PPNMB) on the importation of four-wheel electric vehicles (EVs). The ...

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Updated: 15 Feb 2024
Internal taxation of imports

On 15 February 2024, the Minister of Finance of Indonesia issued Regulation No.9/2024, exempting the VAT on the importation of four-wheel electric vehicles (EVs). The VAT was reduced from 11% to 0%...

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