Indonesia: Government introduces tax exemptions for COVID-19 vaccines

November 30, 2020 | MEASURES, INDONESIA

RESTRICTIONS STILL IN PLACE

Government introduces tax exemptions for COVID-19 vaccines.

 

MEASURES

  • The Ministry of Finance is providing fiscal facility for the importation of vaccines, raw materials and equipment needed to produce the vaccines.
  • The fiscal facility as covered in Ministerial Regulation No. 188/PMK.04/2020 includes the exemption from import duty and excise, valueadded tax, luxury goods and sales tax and income tax for the importing company.
  • Import procedures at the ports will also be expedited by the customs and customs facilities will be made available.
  • The measures are introduced to accelerate the implementation of vaccinations next year.

 

 

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