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
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
29 Nov 2024
Revocation date:
31 Dec 2025
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...
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...
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