Indonesia continues 100% luxury tax break on 4x2 vehicles below 1,500 cc until August
Announced on June 13, 2021, Indonesia government has extended a 100% discount on Sales Tax on Luxury Goods (PPnBM) for the purchase of new 4x2 vehicles with engine power up to 1.5-liter until August 2021. Initially, this policy was only valid until the end of May. Then, the period for the 50% PPNBM discount will be e....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)