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Indonesian govt. announces VAT incentive for electric cars and buses; effective until December 2023
On April 3, 2023, the Indonesian Finance Ministry announced the provision of Value Added Tax (VAT) incentives (PPN DTP) for the purchase of 4-wheeled electric cars and buses, based on the Minister of Finance Regulation (PMK) Number 38 of 2023. This DTP VAT incentive is valid for the April-December 2023 tax period.
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