Global Trade Alert
Global Trade Alert

Indonesia: Government removed the import duties and luxury tax exemptions on certain completely knocked down electric vehicles

Announcement

12 Nov 2024

In November 2024, the Minister of Investment of Indonesia removed the import duties and sales tax on luxury goods (PPNMB) exemptions on the importation of CKD (Completely Knocked Down) electric vehicles (EVs) for countries that have not had international agreements with Indonesia.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Nov 2024

Revocation date:

31 Dec 2025

Announced: 12 Nov 2024
Internal taxation of imports
On 12 November 2024, the Minister of Investment of Indonesia issued Regulation No.1/2024, removing the sales tax on luxury goods (PPNMB) exemption on the importation of CKD (Completely Knocked Down) e...
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Announced: 12 Nov 2024
Import tariff
On 12 November 2024, the Minister of Investment of Indonesia issued Regulation No.1/2024, removing the import duties exemption on CKD (Completely Knocked Down) electric vehicles (EVs) for countries th...
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